1236 ET - Hologic will be acquired by Blackstone and TPG for up to $18.3 billion, including debt. This price is below other large-cap, medical technology peers, Needham analysts say in a research note. "However, we believe the discount is warranted since Hologic is growing more slowly than its peers," they write. Still, the firm's steady mid-single-digit revenue growth and strong free cash flow make it an attractive candidate to be taken private, the analysts add. Shares rise 3.2%. (connor.hart@wsj.com)
(END) Dow Jones Newswires
October 21, 2025 12:36 ET (16:36 GMT)
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