{"id":241181,"date":"2025-10-21T14:13:08","date_gmt":"2025-10-21T14:13:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/241181\/"},"modified":"2025-10-21T14:13:08","modified_gmt":"2025-10-21T14:13:08","slug":"hologic-to-go-private-in-up-to-18-3-billion-deal-backed-by-blackstone-tpg","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/241181\/","title":{"rendered":"Hologic to go private in up to $18.3 billion deal backed by Blackstone, TPG"},"content":{"rendered":"<p>Stephen MacMillan, CEO of Hologic<\/p>\n<p>Adam Jeffery | CNBC<\/p>\n<p><a href=\"https:\/\/www.cnbc.com\/quotes\/BX\/\" rel=\"nofollow noopener\" target=\"_blank\">Blackstone<\/a> and <a href=\"https:\/\/www.cnbc.com\/quotes\/TPG\/\" rel=\"nofollow noopener\" target=\"_blank\">TPG<\/a> have agreed to acquire medical diagnostics firm <a href=\"https:\/\/www.cnbc.com\/quotes\/HOLX\/\" rel=\"nofollow noopener\" target=\"_blank\">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<p>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&#8217;s last closing price.<\/p>\n<p>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<p>Hologic shares were up more than 4% in premarket trading, after being briefly halted.<\/p>\n<p>The company specializes in women&#8217;s health diagnostics, including breast and cervical cancer screening and infectious disease testing.<\/p>\n<p>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<p>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&hellip;\n","protected":false},"author":2,"featured_media":241182,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[59],"tags":[16157,28,122,97,252,2601,253,132863,114473],"class_list":["post-241181","post","type-post","status-publish","format-standard","has-post-thumbnail","category-health-care","tag-blackstone-inc","tag-business","tag-business-news","tag-health","tag-health-care","tag-health-care-industry","tag-healthcare","tag-hologic-inc","tag-tpg-inc"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/241181","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=241181"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/241181\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/241182"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=241181"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=241181"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=241181"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}