Hologic Taken Private in $17B Deal by Blackstone and TPG

BTCC / BTCC Square / Global Cryptocurrency /

Author:

Release Time:

2026-04-08 10:15:02

BTCCSquare news:

Hologic Inc. (HOLX) ceased trading on Nasdaq after completing its acquisition by Blackstone and TPG in a deal valued at up to $79 per share. The transaction, initially announced in October 2025, received shareholder approval in February 2026. Investors received $76 per share in cash, plus contingent value rights tied to Breast Health revenue targets.

The deal structure includes minority investments from Abu Dhabi Investment Authority (ADIA) and GIC. Former CEO Stephen MacMillan retired after 12 years, succeeded by Joe Almeida. Hologic reported $4.13 billion in revenue prior to the deal's close.

By:

Log in to Reply

Avis Budget (CAR) Stock Surges 10% Amid Short Squeeze Dynamics

Articles on this site are sourced from public networks or curated by AI for informational purposes only and do not represent BTCC’s views. Original rights belong to the respective authors. For copyright concerns, please contact [email protected]. BTCC assumes no liability for the accuracy, timeliness, or completeness of this information, and disclaims all liability arising from reliance on such content. This content is for reference only and should not be taken as investment, legal, or commercial advice.