Mergers & Acquisitions Mergers & Acquisitions

Illumina under EU investigation for jumping the gun in Grail merger review

By Natalie McNelis and Nicholas Hirst
  • 20 Aug 2021 05:16
  • 20 Aug 2021 05:30
Illumina will come under investigation for its decision to close its Grail deal before receiving EU approval, the European Commission confirmed today.

The US gene-sequencing company said on Wednesday that it had finalized the acquisition (see here) despite ongoing merger reviews in the US and Europe, saying the agreement would otherwise expire before regulators

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