February 14, 2017 / 1:13 PM / 5 months ago

Hologic to buy Cynosure for $1.65 bln

1 Min Read

Feb 14 (Reuters) - Hologic Inc said on Tuesday that it would acquire medical aesthetics company Cynosure Inc for $1.65 billion.

Hologic, which focuses on women's health, agreed to pay $66 per Cynosure share, a premium of about 28 percent to its Monday close.

The transaction has an enterprise value of $1.44 billion, the companies said. (Reporting by Natalie Grover in Bengaluru; Editing by Anil D'Silva)

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