Teledyne to Acquire Varex Imaging for Approximately $1.1 Billion
Filed with the SEC on · Summarized by InvestorsBot
Teledyne Technologies agreed to acquire Varex Imaging for $18.90 per share in cash, representing an aggregate transaction value of approximately $1.1 billion including equity awards and net debt as of April 3, 2026. The deal, unanimously approved by both companies’ boards, is expected to close in early 2027 pending regulatory clearances and approval by Varex stockholders, and would add Varex’s X-ray tubes, detectors and imaging software to Teledyne’s portfolio.