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CureVac Soars 41% in a Month on a $1.25B Buyout Offer From BioNTech
ZACKSยท 2025-06-20 16:56
Key Takeaways CVAC surged 40.8% in a month after a $1.25 billion acquisition agreement with BioNTech was announced. Each CVAC share is to convert to $5.46 in BNTX ADS, a 55% premium to its 3-month average price. Deal boosts BNTX's mRNA cancer pipeline and expands its infrastructure for global development efforts.Shares of CureVac N.V. (CVAC) have skyrocketed 40.8% in a month after the company signed a definitive agreement to be acquired by BioNTech SE (BNTX) in an all-stock transaction last week. Per the ...