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Penumbra jumps on Boston Scientific's $14.5 billion buyout deal

ReutersJan 15, 2026 12:10 PM

Shares of medical equipment maker Penumbra PEN.N rise 13.6% to $356 premarket

Boston Scientific BSX.N says it will buy Penumbra in a deal valued at about $14.5 billion

The transaction values each Penumbra share at $374, a premium of 19.3% to the stock's last close

The deal is expected to be completed later this year

PEN shares rose 29.6% in 2025

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