The morning brief, in your inbox before you sit down.

New deals · status changes · contested meetings · activist filings. Sent 7am ET on weekdays. Preview today’s

Morning Report
Today's Brief

Penumbra, Inc.

private/Boston Scientific CorporationBSX

Boston Scientific to acquire Penumbra in $374/share mixed consideration deal

MixedDefinitive Proxyhigh confidence

Merger Arbeconomics, downside, days

Deal value

mixed

Per-share offer

Premium

Days to close

Term fee

ConsiderationMixed
AnnouncedApr 24, 2026
Days outstanding84d
Expected close
Termination fee
Reverse term fee
Go-shop period
Fiduciary out
Financing condition
Debt commitment
Insider lock-up

No structured deal economics extracted yet. Re-run the scanner or fall back to the source filing below.


Timelineannounced → close
  1. Announced

    Apr 24, 2026

  2. Preliminary Proxy

  3. Definitive Proxy

  4. Record date

  5. Shareholder vote

  6. Expected close


Vote Mechanicsrecord / mailing / vote
Vote required
Vote date
Record date
Mailing date
Record → vote
Threshold
Min approvalparsed
Shares outstanding
Insider lock-up

Regulatory & ConditionsHSR / EU / CFIUS / MAC

No regulatory or closing-conditions data extracted yet. The merger agreement Exhibit 10.1 contains this in the “Conditions to Closing” and “Regulatory Approvals” articles.


Closing Conditionsapprovals · vote · financing · lockups

No closing-condition data extracted.


Interloper Riskcompeting bids, activist filers

No competing-bidder, activist, or dissident-proxy signals in the database for this target.


Advisors

Acquirer side· Boston Scientific Corporation

Legal

Allen Overy Shearman Sterling US LLP

  • · Clare O'Brien
  • · Derrick Lott
  • · Richard Alsop
Copies to: Clare O'Brien, Esq.Derrick Lott, Esq.Richard Alsop, Esq.Allen Overy Shearman Sterling US LLP 599 Lexington Avenue New York, New York 10022 (212) 848-4000

Davis Polk & Wardwell LLP

  • · Alan Denenburg
  • · Michael Diz
Alan Denenburg, Esq.Michael Diz, Esq.Davis Polk & Wardwell LLP 900 Middlefield Road Redwood City, CA 94063 (650) 752-2000

Target side· Penumbra, Inc.

None on record


Counterparty Historyprior deals in DB
FirmRoleSideDeals in DB
Davis Polk & Wardwell LLPLegalAcquirer3View deals →
Allen Overy Shearman Sterling US LLPLegalAcquirer1View deals →

Filing Timelineevery filing on this issuer
  1. Apr 24, 2026this filing

    Boston Scientific to acquire Penumbra in $374/share mixed consideration deal

  2. Apr 24, 2026

    Boston Scientific to acquire Penumbra for $374/share in cash and stock


Filing Trailcross-reference table
DateFormSectionHeadlineStatus
Apr 24, 2026definitiveBoston Scientific to acquire Penumbra for $374/share in cash and stockvote_scheduled

Sources

Boston Scientific Corporation agreed to acquire Penumbra, Inc. in an all-cash and stock transaction pursuant to an Agreement and Plan of Merger dated January 14, 2026. The merger consideration is $374.00 per share, payable at the election of shareholders as either $374.00 in cash or 3.8721 Boston Scientific shares (subject to proration with 73.26% cash and 26.74% stock), with the transaction expected to close following shareholder approval. The combination aims to leverage Boston Scientific's global reach and Penumbra's advanced technology to expand patient access to innovative medical devices.

Item id: 3bb5a045-66fc-49b2-bf2e-b3cb2de6c2b4 · ingested Apr 24, 2026