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Hologic, Inc : Hologic to Acquire Mobidiag, Innovator in Near-Patient, Acute Care Diagnostic Testing, for Approximately $795 Million

(0) Transaction Will Accelerate Global Growth of Mobidiag s Differentiated Molecular Platform, which Offers Ease of Use, Multiplex Capability and Rapid Turnaround Time Hologic, Inc. (Nasdaq: HOLX), a global leader in women s health, announced today that it has signed a definitive agreement to acquire Mobidiag Oy, a privately held, commercial-stage Finnish-French developer of innovative molecular diagnostic tests and instrumentation, for an enterprise value of approximately $795 million. This includes a cash payment of approximately $714 million (€600 million) for Mobidiag s equity, and net debt of approximately $81 million. Acquiring Mobidiag will further strengthen our international and diagnostics businesses by enabling us to expand into the large, fast-growing acute care adjacency with a near-patient testing solution that offers ease of use, multiplex capability and rapid turnaround time, said Jan Verstreken, group president, international at Hologic. We believe that

Successful Leadership: Stories From a Great Leader

Webcast Details How can leaders improve their workplace culture so it becomes truly engaged? How do organizations lean into gaining employees trust at work to move through times of crisis? Allison Bebo, Senior Vice President of Human Resources at Hologic, and Robert Gabsa, Workplace Consultant at Gallup, were our guests on a recent Called to Coach. In Part 6 of a series on successful leadership, Allison and Robert discussed how Hologic s leadership has, through persistence over a period of years, brought true workplace engagement to the organization and the difference that has made during the COVID-19 pandemic. Hologic s inspiring leadership story demonstrates how organizations can build trust and stability among their employees that can help them successfully handle navigate times.

Hologic to acquire European diagnostics company for $795 million

Hologic to acquire European diagnostics company for $795 million
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Mobidiag to Be Acquired by Hologic, Innovator in Women s Health Diagnostic Testing, for Approximately €668 Million

Mobidiag to Be Acquired by Hologic, Innovator in Women s Health Diagnostic Testing, for Approximately €668 Million
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7 Healthcare Stocks to Buy to Prepare Your Portfolio For The Next Pandemic

Dividend yield: 0.37% Our first choice for today is Danaher. The group manufactures scientific instruments and consumables in four segments: life sciences, diagnostics and environmental and applied solutions. The company has been growing both organically and through acquisitions. In late 2019, Danaher separated its dental business through an initial public offering (IPO). That new company trades as Envista (NYSE: General Electric’s (NYSE: Fortive (NYSE: Renishaw (OTCMKTS: Danaher released Q4 2020 financials at the end of January. Revenue increased 39.0% YoY to $6.8 billion. Bottom line of $1.2 billion was an increase of 55.0% YoY. Non-GAAP adjusted diluted EPS for Q4 2020 were $2.08, a 62.5% YoY increase. Free cash flows from continuing operations were $5.4 billion.

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