BioNTech to buy German rival CureVac for $1.25B in all-stock deal

Jun. 12, 2025 6:58 AM ETBioNTech SE (BNTX) Stock, CVAC StockPFEBy: Dulan Lokuwithana, SA News Editor2 Comments
(2min)
wooden blocks with "M and A" letters on financial documents, symbolizing mergers and acquisitions

BioNTech (NASDAQ:BNTX) has agreed to acquire its German rival CureVac (NASDAQ:CVAC) in an all-stock transaction worth nearly $1.25B, the companies announced Thursday.

In the premarket trading, shares of CureVac (NASDAQ:CVAC) jumped ~26% in reaction to the announcement, while

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