Ono Pharmaceutical Agrees To Acquire Deciphera Pharmaceuticals For $25.60 Per Share In Cash For A Total Equity Value Of $2.4B, The Acquisition Is Expected To Close In Q3 Of 2024
Portfolio Pulse from Benzinga Newsdesk
Ono Pharmaceutical has agreed to acquire Deciphera Pharmaceuticals for $25.60 per share in cash, totaling an equity value of $2.4 billion. The acquisition is anticipated to close in the third quarter of 2024.

April 29, 2024 | 11:02 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Deciphera Pharmaceuticals is being acquired by Ono Pharmaceutical for $25.60 per share in cash, valuing the company at $2.4 billion, with the deal closing in Q3 2024.
The acquisition of Deciphera Pharmaceuticals by Ono Pharmaceutical at a premium price of $25.60 per share directly impacts DCPH's stock price in the short term. The announcement of such a significant acquisition typically leads to a positive market reaction for the target company's stock, as the buyout price often represents a premium to the current trading price. The high relevance and importance scores reflect the direct impact of this acquisition on Deciphera Pharmaceuticals, with a high confidence level in the analysis based on the clear terms and significant equity value of the deal.
CONFIDENCE 90
IMPORTANCE 100
RELEVANCE 100