Genmab Completes Tender Offer for Merus Shares

Reuters12-12
Genmab Completes Tender Offer for Merus Shares

Genmab has completed the tender offer to acquire all outstanding common shares of Merus N.V. for $97 per share in cash. With this transaction, Genmab adds petosemtamab-a late-stage asset with two Breakthrough Therapy Designations-to its portfolio. The addition of petosemtamab is expected to accelerate Genmab's shift to a wholly owned model, expand and diversify revenue, and contribute to sustained growth. The company anticipates the deal will be accretive to its EBITDA by the end of 2029.

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: GNW1001144483-en) on December 12, 2025, and is solely responsible for the information contained therein.
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