Reported 1 day ago
Private equity firms Blackstone and TPG plan to acquire women's health company Hologic for more than $13 billion, offering up to $79 per share, which is a 46% premium over the previous stock price before deal rumors. The total deal value rises to $18.3 billion when including Hologic's cash and debt. Regulatory and shareholder approvals are still needed, with the acquisition expected to finalize in the first half of next year.
Source: YAHOO