GSK snaps up US cancer treatment firm Nuvalent in $10.6bn deal

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Pharma giant GSK has sealed a $10bn deal to snap up Boston-based biopharmaceutical company Nuvalent.

The FTSE 100 titan said it will pay $124 per share in cash in the agreement, marking a 40 per cent premium over what Nuvalent’s stock was trading at just before this announcement.

The deal is expected to officially close https://www.cityam.com/gsk-snaps-up-us-cancer-treatment-firm-nuvalent-in-10-6bn-deal/">[...]

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