Private equity groups Blackstone (BX.N) and TPG (TPG.O) are seeking more than $4 billion for medical technology firm Hologic’s surgical unit, the Financial Times reported, citing people familiar with the matter. The two firms are working with advisers on a sale of the division, which makes surgical equipment used by gynecologists, FT reported. Blackstone and TPG announced the acquisition of Hologic last year for $18.3 billion using cash and debt, one of the largest buyouts of a medical device company. The FT said the private equity groups are now looking to pay down debt and repay investors from their Hologic buyout.
Read the full article: Blackstone, TPG Seek Over $4B for Hologic’s Surgical Unit //
Source: https://www.reuters.com/legal/transactional/blackstone-tpg-seek-over-4-billion-hologics-surgical-unit-ft-says-2026-07-09/