Bulletin
Investor Alert

Market Pulse Archives

Dec. 14, 2016, 4:43 p.m. EST

Hologic to sell stake in blood screening unit for $1.85 bln

new
Watchlist Relevance
LEARN MORE

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

  • X
    Hologic Inc. (HOLX)

or Cancel Already have a watchlist? Log In

By Sue Chang

HOLX

Hologic Inc. /zigman2/quotes/201671131/composite HOLX +1.12% rallied in Wednesday's extended session after the company said it plans to sell its stake in a blood screening business to Grifols for $1.85 billion in cash. The divestment is expected to improve the company's "financial flexibility," said Hologic in a statement. The deal is scheduled to close in the first quarter. Shares of Hologic were flat in late trade after closing at $40.79 in the regular session.

/zigman2/quotes/201671131/composite
US : U.S.: Nasdaq
$ 70.63
+0.78 +1.12%
Volume: 2.33M
Jan. 21, 2022 4:15p
P/E Ratio
9.82
Dividend Yield
N/A
Market Cap
$17.75 billion
Rev. per Employee
$840,015
loading...

This Story has 0 Comments
Be the first to comment
More News In
Markets

Story Conversation

Commenting FAQs »

Partner Center

World News from MarketWatch

Link to MarketWatch's Slice.