Hologic to be Acquired by Blackstone and TPG
Hologic (Nasdaq: HOLX) has agreed to be acquired by funds managed by private equity firms Blackstone and TPG for up to $18.3 billion.
The deal values Hologic at $79 per share, representing a 46% premium to its closing price on May 23, 2025. Blackstone and TPG will acquire all outstanding Hologic shares for $76 per share in cash, plus a non-tradable contingent value right (CVR) to receive up to $3 per share.
- The CVR will be paid in two installments of up to $1.50 each, contingent on certain global revenue goals for Hologic's Breast Health business in 2026 and 2027.
- Shares of HOLX rose 4% to $74.75 apiece following the announcement.
The purchase price marks a premium of approximately 46% to Hologic’s closing price on May 23, 2025.
Author's summary: Hologic to be acquired by Blackstone and TPG for up to $18.3B.