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M&A - Boston Scientific - Penumbra
Marlborough, Massachusetts-based Boston Scientific said it will acquire Alameda, California-based Penumbra in a cash and stock transaction that values Penumbra at $374 per share, and give it an enterprise value of about $14.5 billion. Penumbra has mechanical thrombectomy products for use in peripheral vascular procedures to remove blood clots causing blockages in arterial, venous and pulmonary vessels, including the Lightning Bolt and Lightning Flash computer assisted vacuum thrombectomy systems. Both companies are traded on the New York Stock Exchange. The deal is expected to close in 2026.
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