Picture of Nuvalent, logo

NUVL — Nuvalent, News Story

0.000.00%
us flag iconLast trade - 00:00
HealthcareAdventurousLarge CapNeutral

Brief: GSK To Acquire Nuvalent For $10.6 Billion

BRIEF-GSK To Acquire Nuvalent For $10.6 Billion

- GSK plc GSK.L:

  • GSK PLC - GSK ENTERS AGREEMENT TO ACQUIRE NUVALENT, INC.

  • GSK - ANNOUNCES AGREEMENT TO BUY NUVALENT FOR $10.6 BILLION

  • GSK: ACQUISITION EXPECTED TO BE ACCRETIVE TO SALES AND CORE OPERATING PROFIT IN 2027

  • GSK - TO BUY NUVALENT SHARES AT $124 PER SHARE IN CASH

  • GSK - ACQUISITION EXPECTED TO BE ACCRETIVE TO SALES AND CORE OPERATING PROFIT IN 2027, CORE EPS IN 2029

  • GSK - REAFFIRMS 70P EXPECTED DIVIDEND FOR 2026

  • GSK - DEAL EXPECTED TO RESULT IN LOW SINGLE-DIGIT CORE EPS DILUTION FY2026-FY2028

  • GSK: NO CHANGE TO GSK'S 2026 FULL-YEAR GUIDANCE RANGE OF 7-9% CORE OPERATING PROFIT AND CORE EPS GROWTH

  • GSK: TRANSACTION WILL BE FUNDED PRIMARILY FROM NEW AND EXISTING DEBT FACILITIES PLUS CASH

  • GSK: WILL ASSUME NUVALENT'S EXISTING REVENUE-SHARING ARRANGEMENTS OF LOW-SINGLE-DIGIT ROYALTIES PAYABLE TO ROYALTY PHARMA AND DEERFIELD

  • GSK - ANNOUNCES AGREEMENT TO BUY NUVALENT FOR $10.6 BILLION

Source text: ID:nRSI5506Ha

Further company coverage: GSK.L


((Reuters.Briefs@thomsonreuters.com;))

Recent news on Nuvalent,

See all news