Acquisition

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Health

Merck KGaA Will Pay $20 an ADS in Cash for Silence Therapeutics, a 130 Per Cent Premium. The Price Is Built on One Drug, Not Yet in Phase 3.

Merck KGaA of Darmstadt, Germany, agreed on 19 October to buy Silence Therapeutics for $20.00 in cash per American depositary share, an equity value of about $1.3 billion and an enterprise value of $1.1 billion. The deal is expected to close in the first quarter of 2027 and still needs shareholder, court and regulatory approval.