Danaher slides on $9.9 billion deal to acquire Masimo

Masimo

17/02/2026 13:29

Updates

** Shares of life sciences firm Danaher DHR.N down about 6.4% at $199 premarket

** DHR will acquire pulse oximeter maker Masimo for $9.9 billion including debt, the companies said

** The deal values Masimo, which has been in a long patent dispute with iPhone maker Apple AAPL.O, at $180 per share, a 38.3% premium to its last close

** Masimo shares up 34.4% to $174.89 before the bell

** The companies expect the deal to close by the second half of 2026

** YTD, DHR down around 7%, MASI shares mostly flat

(Reporting by Gnaneshwar Rajan, Christy Santhosh and Kamal Choudhury in Bengaluru)

((Gnaneshwar.Rajan@thomsonreuters.com;))