Stephen MacMillan, CEO of Hologic<\/p>\n
Adam Jeffery | CNBC<\/p>\n
Blackstone<\/a> and TPG<\/a> have agreed to acquire medical diagnostics firm Hologic<\/a> in a deal worth up to $18.3 billion, it said on Tuesday, marking one of the largest healthcare take-private transactions this year.<\/p>\n Under the agreement, Blackstone and TPG will pay $76 apiece in cash to acquire all outstanding Hologic shares, implying a premium of nearly 6% to the stock’s last closing price.<\/p>\n Shareholders are also eligible for a non-tradable right to receive up to $3 per share, contingent on certain global revenue goals for its breast health business in fiscal years 2026 and 2027, bringing the total potential payout to $79 per share.<\/p>\n Hologic shares were up more than 4% in premarket trading, after being briefly halted.<\/p>\n The company specializes in women’s health diagnostics, including breast and cervical cancer screening and infectious disease testing.<\/p>\n It has seen steady growth in molecular diagnostics business and reported upbeat financial results, but flagged continued weakness in the breast health segment.<\/p>\n The deal is expected to close in the first half of 2026. <\/p>\n","protected":false},"excerpt":{"rendered":"Stephen MacMillan, CEO of Hologic Adam Jeffery | CNBC Blackstone and TPG have agreed to acquire medical diagnostics…\n","protected":false},"author":2,"featured_media":92246,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34],"tags":[69086,138,553,134,551,527,69088,111,139,69,69087],"class_list":["post-92245","post","type-post","status-publish","format-standard","has-post-thumbnail","category-healthcare","tag-blackstone-inc","tag-business","tag-business-news","tag-health","tag-health-care-industry","tag-healthcare","tag-hologic-inc","tag-new-zealand","tag-newzealand","tag-nz","tag-tpg-inc"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/92245","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=92245"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/92245\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/92246"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=92245"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=92245"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=92245"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}