Private equity firms Blackstone and TPG are exploring the sale of Hologic’s surgical division in a deal that could value the business at more than $4bn, according to a report by the Financial Times.
The report cites unnamed people familiar with the matter as highlighting that the firms are working with financial advisers to market the unit, which develops surgical technologies used by gynaecologists.
The proposed disposal follows Blackstone and TPG’s $18.3bn acquisition of medical technology com...
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