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Merck KGaA to acquire Silence Therapeutics for about $1.3 billion

Merck KGaA said it will acquire Silence Therapeutics in an all-cash deal valued at about $1.3 billion.

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By 1330 GMT on Monday, German drugmaker Merck KGaA said it will buy Silence Therapeutics in an all-cash transaction valued at about $1.3 billion. The acquisition would add precision-engineered medicines and gene silencing to Merck KGaA’s portfolio.