Mergers & Acquisitions Mergers & Acquisitions

EU 'regrets' Illumina's move to complete Grail acquisition without approval

By Nicholas Hirst and Natalie McNelis
  • 19 Aug 2021 05:48
  • 19 Aug 2021 05:48
The European Commission has said it “regrets” Illumina’s exceptional move to close its acquisition of Grail before securing EU approval for the deal.
 
“All transactions falling under the commission’s jurisdiction need to be notified and approved by the commission before they can be implemented,” a spokesperson said in an e-mailed statement today.

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