Blackstone Inc and TPG Inc are in advanced negotiations to acquire Hologic Inc, a medical device company focused on women’s health, in a deal that could exceed $17bn including debt, according to a report by Bloomberg.
The private equity transaction, which could be announced in the coming days, would represent one of the largest PE-led buyouts globally this year. The report cites unnamed sources familiar with the discussions as saying that the firms are considering a price above $75 per share, compared with Hologic’s Friday closing price of $69.85.
No final agreement has been reached, and talks could still fall through.
The deal, if completed, would highlight ongoing appetite from private equity for healthcare assets with strong growth profiles and strategic market positions.
