Teledyne agrees to buy Varex Imaging for USD 18.9 a share in USD 1.1 billion deal

Reuters2026/08/10 10:55

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Teledyne agreed to buy Varex Imaging for USD 18.9 per share in cash, valuing the deal at about USD 1.1 billion.
Valuation includes Varex equity awards and net debt as of April 3, 2026.
Deal adds X-ray tubes, high-radiation detectors, photon-counting detectors, high-voltage interconnects, imaging software.
Teledyne targets a broader healthcare and industrial imaging portfolio with limited product overlap.
Closing expected in early 2027, subject to regulatory clearances and Varex shareholder vote.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Teledyne Technologies Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202608100655BIZWIRE_USPR_____20260810_BW401098) on August 10, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Teledyne agrees to buy Varex Imaging for USD 18.9 a share in USD 1.1 billion deal

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