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Abbott acquires Exact Sciences in $21-bn deal
Financial Express Hyderabad
|November 21, 2025
ABBOTT LABORATORIES AGREED to acquire cancer-screening company Exact Sciences Corp., in a deal with a total equity value of about $21 billion.
In the biggest healthcare deal in two years, Abbott will pay $105 per common share in cash, the companies said Thursday in a statement. The price represents a 51% premium to Exact Sciences’ closing price on November 18, the last full trading day before Bloomberg reported that Abbott was nearing a deal.
Shares of Madison, Wisconsin-based Exact Sciences surged 18% when markets opened after closing 24% higher on Wednesday in what was the biggest one-day gain in over a year. Shares of medical device maker Abbott fell 1.7% at 10:03 a.m. in New York.
यह कहानी Financial Express Hyderabad के November 21, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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