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Teleflex Incorporated (TFX) Plans 2026 Split into Two Independent Companies
Yahoo Finance· 2025-09-16 13:25
Group 1 - Teleflex Incorporated is recognized as one of the cheap healthcare stocks, specializing in critical care and surgical devices across various medical settings [2] - The company plans to separate into two independent publicly traded entities by 2026, with one focusing on Urology, Acute Care, and OEM businesses, while the other will concentrate on vascular access and surgical segments [3] - Teleflex is expanding its vascular intervention portfolio through a €760 million acquisition of Biotronik's vascular intervention business, expected to close by Q3 2025, which aims to enhance interventional care offerings and support revenue growth [4] Group 2 - The company reported strong Q2 2025 results, with revenues increasing by 4.2% to $780.9 million and an EPS of $3.73, indicating operational strength ahead of the planned split [4] - Innovation is a key focus for Teleflex, exemplified by the launch of the Barrigel Rectal Spacer in Japan, aimed at reducing long-term side effects of radiation therapy for prostate cancer [5]