The transaction, subject to shareholder and court approval and other conditions, is expected to enhance Volpara's capabilities in early breast cancer detection.","mainEntityOfPage":"https://grafa.com/news/volpara-health--asx-vht--backs-lunit-s--295-7m-acquisition-offer-162130","headline":"Volpara Health (ASX:VHT) backs Lunit's $295.7M acquisition offer","image":["https://images.grafa.com/grafa/media-162130-638381048979098030.jpg"],"dateModified":"2023-12-13T22:55:01+0000","author":[{"@type":"Person","name":"Heidi Cuthbert","url":"http://grafa.com/author/heidi-cuthbert","sameAs":["https://twitter.com/heidicuthbert","https://www.linkedin.com/in/heidi-cuthbert-13372923/"]}],"publisher":{"@id":"https://grafa.com/#publisher","@type":"Organization","name":"Grafa","url":"https://grafa.com","logo":{"@type":"ImageObject","url":"https://images.grafa.com/publishers/grafa-100.jpg","width":65,"height":65}}},{"@context":"http://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"News","item":"https://grafa.com/news/australia/breaking"},{"@type":"ListItem","position":2,"name":"Volpara Health (ASX:VHT) backs Lunit's $295.7M acquisition offer","item":"https://grafa.com/news/volpara-health--asx-vht--backs-lunit-s--295-7m-acquisition-offer-162130"}]},{"@context":"http://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"News","item":"https://grafa.com/news/australia/breaking"},{"@type":"ListItem","position":2,"name":"Theme","item":"https://grafa.com/news/theme/acquisition-offer"},{"@type":"ListItem","position":3,"name":"Volpara Health (ASX:VHT) backs Lunit's $295.7M acquisition offer","item":"https://grafa.com/news/volpara-health--asx-vht--backs-lunit-s--295-7m-acquisition-offer-162130"}]},{"@context":"http://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"News","item":"https://grafa.com/news/australia/breaking"},{"@type":"ListItem","position":2,"name":"Theme","item":"https://grafa.com/news/theme/ai-cancer-detection"},{"@type":"ListItem","position":3,"name":"Volpara Health (ASX:VHT) backs Lunit's $295.7M acquisition offer","item":"https://grafa.com/news/volpara-health--asx-vht--backs-lunit-s--295-7m-acquisition-offer-162130"}]},{"@context":"http://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"News","item":"https://grafa.com/news/australia/breaking"},{"@type":"ListItem","position":2,"name":"Theme","item":"https://grafa.com/news/theme/shareholder-approval"},{"@type":"ListItem","position":3,"name":"Volpara Health (ASX:VHT) backs Lunit's $295.7M acquisition offer","item":"https://grafa.com/news/volpara-health--asx-vht--backs-lunit-s--295-7m-acquisition-offer-162130"}]},{"@context":"http://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"News","item":"https://grafa.com/news/australia/breaking"},{"@type":"ListItem","position":2,"name":"Theme","item":"https://grafa.com/news/theme/breast-cancer-detection"},{"@type":"ListItem","position":3,"name":"Volpara Health (ASX:VHT) backs Lunit's $295.7M acquisition offer","item":"https://grafa.com/news/volpara-health--asx-vht--backs-lunit-s--295-7m-acquisition-offer-162130"}]},{"@context":"http://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"News","item":"https://grafa.com/news/australia/breaking"},{"@type":"ListItem","position":2,"name":"Theme","item":"https://grafa.com/news/theme/healthcare-technologies"},{"@type":"ListItem","position":3,"name":"Volpara Health (ASX:VHT) backs Lunit's $295.7M acquisition offer","item":"https://grafa.com/news/volpara-health--asx-vht--backs-lunit-s--295-7m-acquisition-offer-162130"}]},{"@context":"http://schema.org","@type":"Table","headline":"Volpara Health (ASX:VHT) backs Lunit's $295.7M acquisition offer","about":"News article about Volpara Health (ASX:VHT) backs Lunit's $295.7M acquisition offer"},{"@context":"https://schema.org","@type":"WebSite","url":"https://grafa.com","potentialAction":{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https://grafa.com/search?q={search_term_string}"},"query-input":"required name=search_term_string"}}]
Volpara Health Technologies' board supports the acquisition offer from Lunit, an AI cancer detection developer, at $1.15 per share—a 47.4% premium to the last closing price.
The deal values Volpara at $295.7 million.
The transaction, subject to shareholder and court approval and other conditions, is expected to enhance Volpara's capabilities in early breast cancer detection.