AcquisitionAug 10, 2026Pending
🇺🇸 United States
VIVarex Imaging CorporationTTTeledyne Technologies Incorporated
Healthcare › Medical Devices
Enterprise value$1.1BEnterprise value
AnnouncedAug 10, 2026
ConsiderationCash
StructureOne-step merger
RegionNorth America
Cross-borderNo
Contingent paymentNo
Overview
Teledyne agreed to acquire all outstanding shares of Varex Imaging for $18.90 per share in cash under a definitive merger agreement. The aggregate transaction value is approximately $1.1 billion, including equity awards and net debt.
Deal rationale
Varex's X-ray sources and detectors are complementary to Teledyne's imaging and healthcare products with minimal overlap, extending Teledyne's presence in medical and industrial imaging.
AI-generated from the SEC filingPendingHealthcare › Medical DevicesUnited StatesNorth America
Timeline
Valuation and terms
| Equity value | Undisclosed | |
|---|---|---|
| Enterprise value | $1.1B | Headline figure |
| Consideration | Cash |
Advisors
Buy-side
None listed
Sell-side
EEvercore