Teledyne Technologies Acquires Varex Imaging in an ~$1.1B All-Cash Deal
August 10, 2026
Teledyne Technologies Incorporated entered into a definitive agreement to acquire Varex Imaging Corporation for $18.90 per share in cash. The transaction is valued at approximately $1.1 billion (including Varex equity awards and net debt) and is expected to close in early 2027, subject to regulatory approvals and Varex stockholder approval.
- Targets
- Varex Imaging Corporation
- Industry
- Medical Devices
- Location
- Utah, United States
- Transaction Type
- Buyout
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