Teledyne agrees to buy Varex Imaging for $18.9 per share in cash, valuing deal at $1.1 billion - TDY News | RalliesTeledyne agrees to buy Varex Imaging for $18.9 per share in cash, valuing deal at $1.1 billion
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TDY• Teledyne to acquire Varex Imaging in cash deal
- Teledyne Technologies agreed to buy Varex Imaging for $18.9 per share in cash, valuing the deal at about $1.1 billion.
- The price includes Varex equity awards and net debt as of April 3, 2026.
- The transaction is targeted to close in early 2027, subject to regulatory clearances and a Varex shareholder vote.
- Teledyne expects the purchase to add Varex X-ray tubes, detectors and imaging software to its healthcare and industrial imaging portfolio.
