Teledyne Technologies stock gets Varex merger approval

Published on 10/31/2026 at 01:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Teledyne Technologies stock gains a deal milestone as Varex shareholders approve the merger agreement. Closing still depends on regulatory approvals.

Merger approval advances Teledyne deal

Varex shareholders approved the merger agreement with Teledyne Technologies at an October 28 special meeting.
The transaction still requires regulatory approvals, waiting-period expirations and other closing conditions.
Teledyne reported record third-quarter sales and raised its 2026 earnings outlook earlier in October.

Teledyne Technologies, US8793601050, Illustration mit AI erstellt.

Varex Imaging shareholders approved the proposed merger with Teledyne Technologies at a special meeting held on October 28, according to a Form 8-K filed by Varex on October 29 and published by StockTitan. The preliminary vote was 32,425,422 in favor, 30,031 against and 77,671 abstentions.

Teledyne Technologies stock traded at 589.75 euros on Lang & Schwarz at 23:00 Berlin time on Friday, October 30, 2026; the real-time quote of Teledyne Technologies stock is available for ongoing monitoring.

Deal approval removes one hurdle

Varex said approximately 77 percent of shares entitled to vote were present or represented by proxy. The merger agreement provides for Teledyne to acquire Varex through a merger, with Varex continuing as a wholly owned subsidiary of Teledyne.

The approval does not complete the transaction. Required regulatory clearances and waiting-period expirations remain outstanding, including review under the Hart-Scott-Rodino Act and applicable foreign merger-control and foreign-investment rules. The agreement also requires the absence of a prohibiting government order and satisfaction of additional contractual conditions.

Recent results support investor focus

Teledyne reported third-quarter 2026 sales of 1.6849 billion US dollars on October 21, up 9.4 percent from a year earlier, according to Financial Times Markets. The company raised its full-year 2026 adjusted diluted earnings-per-share outlook to 25.40 to 25.50 US dollars from 24.45 to 24.65 US dollars.

Precision sensors anchor business

Teledyne delivers precision sensors for applications ranging from space to deep-sea environments, according to its corporate website. Its business serves demanding markets where imaging, measurement and sensing technologies are required. The company presents engineering capability in extreme operating environments as a central part of its offering.