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New Deal


Announced

Boston Scientific to acquire Axonics for $3.4bn.

Financials

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Transaction Value£2,672m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

neuromodulation

Biotechnology

Acquisition

Domestic

Majority

Public

Single Bidder

Friendly

Pending

Synopsis

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Boston Scientific, a biomedical/biotechnology engineering firm, agreed to acquire Axonics, a medical technology company, for $3.4bn. "We are excited to add Axonics technologies to the Boston Scientific portfolio, a combination that we expect will further strengthen our ability to serve urologists who are treating patients living with these often-chronic conditions," Meghan Scanlon, Boston Scientific Senior Vice President and President, Urology. On March 22, 2024, Axonics stockholders approve the acquisition agreement with Boston Scientific.

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