Professional
Added to YB: 2025-10-29
Pitch date: 2025-10-28
HOLX [neutral]
Hologic, Inc.
+1.37%
current return
Author Info
Special Situation Investments focuses on event-driven trades and low risk arbitrage opportunities with short term catalysts. Sign up for the newsletter.
Company Info
Hologic, Inc. engages in the development, manufacture, and supply of diagnostics products, medical imaging systems, and surgical products for women's health through early detection and treatment worldwide.
Market Cap
$16.6B
Pitch Price
$73.99
Price Target
N/A
Dividend
N/A
EV/EBITDA
12.36
P/E
29.86
EV/Sales
4.14
Sector
Health Care Equipment and Supplies
Category
special_situation
Hologic (HOLX): Buyout Provides Downside Protection but CVR Terms Limit Appeal
HOLX (merger arb): Blackstone/TPG acquiring for $76/share + $3 CVR tied to Breast Health segment revenue growth. Stock trades 3% spread to cash offer with 'free' CVR, but segment declining YoY making 6-7% annual growth needed for CVR payouts highly unlikely. Limited 10% downside but skeptical on achieving targets.
Read full article (1 min)