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Blackstone and TPG Close Hologic Buyout, Name Joe Almeida CEO

A CVR tied to Breast Health revenue adds up to $3 per share to the $76 cash payout.

Overview

  • Hologic, which closed its sale Tuesday, moved to private ownership under Blackstone and TPG.
  • Shareholders received $76 per share in cash plus a non‑tradable right worth up to $3 based on Breast Health revenue in fiscal 2026 and 2027.
  • Trading in HOLX ended with a Nasdaq delisting after the deal closed.
  • Stephen MacMillan retired at closing and José “Joe” Almeida, a former Baxter and Covidien chief, became CEO.
  • ADIA and GIC joined as minority investors as observers track the CVR revenue goals and the new owners set strategy for a business with about $4.1 billion in recent annual sales.