Mergers & Acquisitions ·
On August 10, 2026, Teledyne Technologies Incorporated and Varex Imaging Corporation announced a definitive merger…
TDYTeledyne Technologies Inc
On August 10, 2026, Teledyne Technologies Incorporated and Varex Imaging Corporation announced a definitive merger agreement under which Teledyne will acquire all outstanding common shares of Varex for $18.90 per share in an all-cash transaction. The aggregate value is approximately $1.1 billion, accounting for equity awards and net debt as of April 3, 2026. Both boards unanimously approved the deal, which is expected to close in early 2027 subject to customary conditions including regulatory approvals and shareholder consent. Teledyne Technologies Incorporated operates in the technology sector, providing sophisticated digital imaging products, instrumentation, aerospace and defense electronics, and engineered systems.