News/M&A/Jun 24, 2026

Lilly completes its acquisition of Centessa Pharmaceuticals

Lilly completed its acquisition of Centessa Pharmaceuticals on June 24, 2026, when the UK court order took effect under a scheme of arrangement. Centessa shareholders received $38 per share in cash plus one contingent value right paying up to $9 per share. Centessa became a wholly owned Lilly subsidiary and was moved to delist from Nasdaq.

  • Cash consideration $38.00 per share
  • CVR worth up to $9.00 per share in aggregate
  • Court order delivered to the Registrar on June 24, 2026
LLY around the story · hourly24 h reaction ▲ 1.67%
1,097.191,154.431,211.66Lilly completes its acquisition of Centessa Pharmaceuticals1Jun 20Jun 22Jun 24Jun 26Jun 28
Source
Centessa Pharmaceuticals Form 8-K (SEC)
Jun 24, 2026
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