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2 clusters · 5 sources · 7 days · First seen · Last updated

Teledyne acquisition of Varex Imaging

Overview

Teledyne Technologies has entered into a definitive agreement to acquire Varex Imaging Corporation in an all-cash transaction valued at approximately $1.1 billion. The deal, which involves a payment of $18.90 per share, has received unanimous approval from the boards of directors of both companies.

The acquisition is intended to expand Teledyne’s medical imaging portfolio by integrating Varex’s specialized technology, including X-ray tubes, digital detectors, and photon-counting detectors. Teledyne Chairman Robert Mehrabian stated that the companies’ product lines are complementary with “minimal overlap,” noting that Varex’s expertise in high-radiation environments, such as oncology, will enhance Teledyne’s existing capabilities.

The transaction is expected to close in early 2027, subject to shareholder approval and regulatory clearances.

Entities

Robert Mehrabian · Varex Imaging Corp. · Varex Imaging Corporation · Teledyne Technologies · Teledyne Technologies Incorporated

Timeline

  1. 26 days ago

    [BUSINESS] 2 sources
    Teledyne to acquire Varex Imaging for $1.1 billion

    Teledyne Technologies will acquire Varex Imaging in an all-cash deal valued at approximately $1.1 billion to expand its medical imaging and X-ray detector capabilities.

  2. about 1 month ago

    [BUSINESS] 3 sources
    Teledyne to acquire Varex Imaging in $1.1 billion deal

    Teledyne Technologies will acquire Varex Imaging Corp. in a $1.1 billion all-cash deal, expanding Teledyne's medical and industrial imaging capabilities.

Sources

analytica-world.com · bionity.com · mommygearest.com · popularhorse.com · stocknews.com