Changes in US stocks | The acquisition of European digital health platform ZAVA Hims & Hers Health (HIMS.US) surged more than 15%

The Zhitong Finance App learned that on Tuesday, Hims & Hers Health (HIMS.US) opened with a sharp rise of more than 15%, approaching an all-time high in February this year, at $65.29. According to the news, the company announced the acquisition of European digital health platform ZAVA as part of a global expansion plan. The terms of the deal were not disclosed. This strategic move is expected to expand the company's operations in the UK and officially enter the German, French and Irish markets. Hims & Hers is expected to enter more markets soon.

The company said it will use the ZAVA platform in the next few quarters to establish its own brand image in every European market. The deal is expected to add value in 2026. The 100% cash acquisition will be funded from the company's balance sheet once the deal is completed. The deal is expected to close in the second half of the year.