Silence Therapeutics To Be Acquired By Merck KGaA

By Reuters News

Oct 19 (Reuters) - Silence Therapeutics PLC SLNCF.PK:

  • ENTERS INTO AGREEMENT TO BE ACQUIRED BY MERCK KGAA, DARMSTADT, GERMANY

  • ALL-CASH DEAL VALUES SILENCE THERAPEUTICS AT ABOUT $1.30 BILLION

  • ENTERS AGREEMENT TO BE BOUGHT BY MERCK KGAA, DARMSTADT, GERMANY

  • PRICE OF $20 PER ADS IN CASH

  • DEAL ENTERPRISE VALUE OF $1.10 BILLION

  • SHAREHOLDERS TO RECEIVE $20 PER ADS OR $6.67 PER ORDINARY SHARE

  • SECURITYHOLDERS WITH 14% VOTING POWER ENTER VOTING AND SUPPORT AGREEMENT

Further company coverage: SLNCF.PK

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