AcquisitionOct 19, 2026Pending
Hot🇬🇧 United Kingdom

Silence Therapeutics plcMerck KGaA, Darmstadt, Germany

Healthcare › Pharmaceuticals

Enterprise value$1.1BEnterprise value
AnnouncedOct 19, 2026
ConsiderationCash
StructureNot stated
RegionEurope
Cross-borderYes
Contingent paymentNo

Overview

Merck KGaA, Darmstadt, Germany agreed to acquire Silence Therapeutics plc for $20.00 in cash per American Depositary Share, or $6.6667 per ordinary share, in an all-cash transaction with an enterprise value of $1.1 billion and an equity value of approximately $1.3 billion.

Deal rationale

The acquisition is intended to strengthen Merck KGaA, Darmstadt, Germany's capabilities to serve patients with targeted specialty and rare diseases and provide scale, resources and commercial capabilities to accelerate Divesiran's Phase 3 development.

AI-generated from the SEC filing
PendingHealthcare › PharmaceuticalsUnited KingdomEurope

Timeline

  1. AnnouncedOct 19, 2026

    Deal announced.

    Filing

Valuation and terms

Equity value$1.3B
Enterprise value$1.1BHeadline figure
ConsiderationCash

Advisors

Buy-side
None listed
Sell-side
CPCenterview PartnersMSMorgan Stanley

Parties

Target
Silence Therapeutics plc
Headquarters
United Kingdom
Ticker
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Acquirer
Merck KGaA, Darmstadt, Germany
Headquarters
Germany
Ticker
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