Varex Imaging Doubles Down: The $1.1B Deal That Says X-Ray Detectors Are the New Chip Shortage
Teledyne is paying a 52% premium for Varex Imaging's X-ray detector business even as Varex's own margins and earnings cool. The $1.1 billion deal sent VREX up nearly 48% and offers a window into how strategic buyers are valuing scarce medical-imaging technology right now.