* To use proceeds to reduce debt relating to Verathon buy
* Says inclusion in S&P500 effective after close Tuesday
Dec 21 Roper Industries Inc (ROP.N) said it
will publicly offer 2.3 million common shares as it looks to
reduce debt associated with its acquisition of Verathon Inc.
The diversified manufacturer also said its inclusion in the
S&P 500 index .SPX will become effective after trading on the
New York Stock Exchange closes on Tuesday.
J.P. Morgan and Goldman Sachs & Co are joint book-runners
for the offering, Roper said in a statement.
Shares of the Sarasota, Florida-based company closed at
$54.19 Friday on the New York Stock Exchange.
(Reporting by Fareha Khan in Bangalore; Editing by