Merus Shares Soar Premarket After Takeover Deal With Genmab

Dow Jones

09/29

By Colin Kellaher

Shares of Merus surged in premarket trading Monday after the clinical-stage biotechnology company agreed to be acquired by Danish biotech Genmab for about $8 billion.

Genmab said it will pay $97 a share in cash for Merus, a roughly 41% premium to Friday's closing price of $68.89 for the Utrecht, Netherlands, company.

The deal is slated to close by early in the first quarter of 2026.

Merus shares were recently up 38% to $95.20 in premarket trading.

Write to Colin Kellaher at colin.kellaher@wsj.com

(END) Dow Jones Newswires

September 29, 2025 05:55 ET (09:55 GMT)

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