Genmab intends to acquire all shares of Merus, a clinical-stage biotechnology company, for USD 97.00 per share in an all-cash transaction valued at approximately USD 8.0 billion. The deal is expected to be funded through a combination of cash on hand and around $5.5 billion in non-convertible debt financing, with funding commitments already secured. The transaction is anticipated to close by early in the first quarter of 2026, pending customary closing conditions. Merus' lead asset, petosemtamab, is currently in Phase 3 development.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Genmab A/S published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW1001137442-en) on November 06, 2025, and is solely responsible for the information contained therein.
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