Verona jumps after Merck's $10 billion acquisition
ReutersJul 9, 2025 11:00 AM
U.S.-listed shares of lung therapy firm Verona Pharma VRNA.O I9SAy.F jump 20.3% to $104.47 premarket
Merck MRK.N will buy London-based Verona Pharma for about $10 billion
Merck will pay $107 per American depository share for Verona
The purchase price is a premium of about 23% to Verona ADS' last closing price
*The Financial Times first reported the deal on Wednesday
Up to last close, stock up 87% YTD
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