Kering’s Strategic Pivot: Luxury Giant Sheds Beauty Arm in €4 Billion Revamp
Luxury Reshuffle: Kering Sells Beauty Division to Focus on Fashion Core In a bold strategic move that signals a major…
Category: Acquisitions
Kering’s Strategic Pivot: €4 Billion Beauty Division Sale to L’Oréal Reshapes Luxury Landscape
Major Luxury Realignment In a landmark move that signals significant strategic repositioning, French luxury conglomerate Kering has finalized a €4…
Private Equity Giants TPG and Blackstone Finalize Acquisition of Medical Tech Firm Hologic
Two major private equity firms are closing in on one of the year’s largest healthcare acquisitions. The deal would take medical technology specialist Hologic private as the company navigates post-pandemic market shifts and government funding changes affecting the life sciences sector.
Major Healthcare Acquisition Nears Completion
Private equity firms Blackstone and TPG are reportedly finalizing a take-private acquisition of medical technology company Hologic in what sources indicate could be one of the largest deals of its kind this year. According to people familiar with the negotiations, an announcement could come as early as next week, with terms already agreed upon and debt financing secured.