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Blackstone, TPG seek over $4 billion for Hologic's surgical unit, FT says

Private equity firms Blackstone and TPG are reportedly seeking over $4 billion for Hologic's surgical unit, which manufactures equipment for gynecologists. This potential sale follows their 2025 acquisition of Hologic for $18.3 billion, aiming to repay investors and reduce debt amid strains in private credit markets. Blackstone recently capped withdrawals from its flagship private credit fund due to increased redemption requests.