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Abbott to Acquire Exact Sciences for $21 Billion
WSJ· 2025-11-20 12:46
Group 1 - Abbott has agreed to acquire Exact Sciences for $105 per share, which represents a total equity value of approximately $21 billion [1]
X @Bloomberg
Bloomberg· 2025-11-20 12:42
Abbott Laboratories agrees to acquire cancer-screening company Exact Sciences in a deal with a total equity value of about $21 billion https://t.co/W9RyRch0aN ...
Abbott bolsters diagnostics portfolio with up to $23 billion buyout of Exact Sciences
Reuters· 2025-11-20 12:36
Core Viewpoint - Abbott is set to acquire Exact Sciences, a cancer test manufacturer, in a deal valued at up to $23 billion, which will enhance Abbott's diagnostics business [1] Company Summary - The acquisition of Exact Sciences represents a strategic move for Abbott to strengthen its position in the diagnostics sector [1] - The deal is expected to significantly expand Abbott's capabilities in cancer testing and diagnostics [1] Industry Summary - The transaction highlights the growing importance of cancer diagnostics in the medical device industry [1] - The acquisition reflects a trend of consolidation within the healthcare sector, particularly in diagnostics and testing [1]
Abbott to acquire Exact Sciences, a leader in large and fast-growing cancer screening and precision oncology diagnostics segments
Prnewswire· 2025-11-20 12:30
Core Viewpoint - Abbott has announced a definitive agreement to acquire Exact Sciences for $105 per share, totaling approximately $21 billion, to enhance its position in the cancer diagnostics market [1][5][6]. Company Overview - Exact Sciences specializes in early cancer detection and personalized treatment support, offering a range of products that assist patients and healthcare providers throughout the cancer journey [3][11]. - The company is recognized for its innovative cancer screening and precision oncology diagnostics, including the Cologuard® test and Oncotype DX® [4][11]. Financial and Operational Details - The acquisition will add a new growth vertical to Abbott's existing high single-digit growth profile, positioning it to lead in the $60 billion U.S. cancer screening and precision oncology diagnostics market [7]. - Exact Sciences is projected to generate over $3 billion in revenue this year, with a high teens organic sales growth rate, which will contribute to Abbott's total diagnostics sales exceeding $12 billion annually post-acquisition [8][7]. Strategic Implications - The merger aims to accelerate innovation and expand access to cancer diagnostics, enabling earlier detection and improved management of cancer for millions of patients [2][5]. - Abbott's CEO emphasized the complementary strengths of both companies, aiming to tackle global cancer challenges together [5][6]. Future Outlook - The transaction is expected to close in the second quarter of 2026, pending shareholder and regulatory approvals [6]. - Following the acquisition, Exact Sciences will continue to operate from its Madison, Wisconsin location, with its CEO remaining in an advisory role to facilitate the transition [9].
Exact Sciences (EXAS) Climbs to 2-Year High on Abbot Merger Reports
Yahoo Finance· 2025-11-20 11:27
Core Insights - Exact Sciences Corp. is experiencing significant stock performance, reaching a two-year high amid acquisition talks with Abbott Laboratories, potentially marking Abbott's largest acquisition to date [1][2]. Stock Performance - During intra-day trading, Exact Sciences' stock peaked at $89.67, ultimately closing up by 23.68% at $86.18 [2]. Acquisition Talks - Exact Sciences and Abbott Laboratories are reportedly in advanced discussions regarding the acquisition, with a potential announcement expected in the coming weeks [3]. Financial Performance - Exact Sciences narrowed its net loss for Q3 by 48.77%, reporting a loss of $19.59 million compared to $38.24 million in the same quarter last year [4]. - Revenues for the same period increased by 20%, reaching $850.7 million, up from $708.6 million year-on-year, driven by strong performance in screening and precision oncology segments [4]. Future Guidance - The company raised its full-year revenue guidance to a range of $3.22 billion to $3.235 billion, up from a previous estimate of $3.13 billion to $3.17 billion [5]. - Adjusted EBITDA guidance was also increased to $470 million to $480 million, compared to the earlier range of $455 million to $475 million [5].
传雅培(ABT.US)洽购精密科学(EXAS.US) 分析师称收购价需超每股100美元
智通财经网· 2025-11-20 06:14
威廉·布莱尔分析师安德鲁·布拉克曼在周三的报告中写道,"从估值角度看,我们认为收购估值需达到远 期销售额的6至7倍,""这较当前不足5倍的估值溢价超过35%,较五年平均约5.6倍的估值溢价约20%, 并与规模较小但增长势头相当的盈利实验室估值区间相符。" 巴克莱分析师卢克·瑟戈特在周三的报告中表示,"总体而言,在细节有限的情况下,精密科学将提供坚 实的品牌基础和进军更广泛肿瘤筛查市场的强大桥头堡。" 智通财经APP获悉,威廉·布莱尔公司分析师表示,雅培(ABT.US)若想收购精密科学(EXAS.US),报价 很可能需超过每股100美元。此前有报道称,雅培正在洽谈收购以结肠癌检测产品Cologuard闻名的精密 科学。 在市场传出谈判消息后,精密科学股价飙涨21%至约84美元/股,交易可能在未来数日内达成。 ...
Why Exact Sciences Stock Blasted Nearly 24% Higher Today
The Motley Fool· 2025-11-20 00:21
A strategic investor is reportedly in advanced talks to purchase the company.News of an apparently impending sale to a strategic investor sent shares of Exact Sciences (EXAS +23.68%) skyward on Wednesday. The cancer diagnostics specialist's shares closed the day nearly 24% higher in price as a result.Pinpointing the Exact reasonIn an article published that morning and updated in the afternoon, Bloomberg reported that pharmaceutical sector mainstay Abbott Laboratories appears to be on the brink of acquiring ...
Exact Sciences Stock Jumps on Reported Deal Interest From Abbott Laboratories
Barrons· 2025-11-19 21:27
Core Insights - Abbott Laboratories is reportedly nearing a deal to acquire another company [1] Company Summary - Abbott Laboratories is a conglomerate involved in various sectors, indicating a strategic move to expand its portfolio through acquisitions [1]
Exact Sciences Catapults, Breaking Out, On Rumored Abbott Laboratories
Investors· 2025-11-19 20:21
Group 1 - Exact Sciences (EXAS) stock surged 18.8% to $82.75 following a Bloomberg report indicating that Abbott Laboratories (ABT) is nearing a deal to acquire the cancer-detection company [1] - Abbott Laboratories' stock declined by 3.9% to $124.97 amid the news of the potential acquisition [1] - The increase in Exact Sciences' stock price has pushed it into a breakout, surpassing a buy point of $72.83 from a cup base [1] Group 2 - Insulet was highlighted as the IBD Stock of the Day, experiencing a significant post-earnings reaction and currently in a consolidation phase [2] - Exact Sciences demonstrated market leadership with a jump to an 83 RS rating, indicating strong relative strength in the market [4] - Abbott Laboratories faced a mixed report, although one segment showed positive performance [4]
Exact Sciences jumps on report Abbott nears takeover (EXAS:NASDAQ)
Seeking Alpha· 2025-11-19 18:55
Core Viewpoint - Exact Sciences (EXAS) experienced a significant stock increase of 28% following reports of Abbott Laboratories (ABT) nearing a potential acquisition of the medical-testing company [2] Company Summary - Abbott Laboratories (ABT) is currently in discussions regarding the terms of a deal to acquire Exact Sciences (EXAS) [2]