MSD enters into an agreement to acquire Viralytics for AUD $502 million
Baker McKenzie acts for client Merck & Co., Inc. (known as MSD outside the United States and Canada), one of the largest pharmaceutical companies in the world, on its entry into a definitive agreement under which it is proposed that MSD (through a subsidiary) will acquire Viralytics Limited (Viralytics) by way of a scheme of arrangement for AUD 1.75 per share (representing a total value of approximately AUD 502 million).