J&J-backed HistoSonics explores sale at $2.5 billion valuation, FT reports-March 2024-www.financetom.com

J&J-backed HistoSonics explores sale at $2.5 billion valuation, FT reports

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J&J-backed HistoSonics explores sale at $2.5 billion valuation, FT reports

May 25, 2025 11:58 PM

May 2 (Reuters) - HistoSonics, a medical technology

company backed by Johnson & Johnson ( JNJ ), is exploring a

potential sale after receiving multiple takeover approaches, the

Financial Times reported on Friday, citing people familiar with

the matter.

The company is seeking a valuation of more than $2.5

billion, the report said.

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