By Josh Beckerman


Shares of Hologic advanced after the Financial Times reported the company received and rejected a nonbinding buyout offer from TPG and Blackstone.

The medical technology company's stock was up 14% to $62.08 on Tuesday. The stock is down 14% so far this year.

The FT article, which cited people familiar with the matter, said the firms offered to acquire Hologic for $70 to $72 per share. The story said it is possible that discussions might be revived.

Hologic and TPG didn't immediately respond to requests for comment and Blackstone declined to comment, the FT said.

The companies didn't immediately respond to requests for comment from Dow Jones Newswires.


Write to Josh Beckerman at josh.beckerman@wsj.com


(END) Dow Jones Newswires

05-27-25 1446ET