Icahn poised to win at least one seat on Illumina’s board -sources

Iep Invest NV

25/05/2023 01:53

By Svea Herbst-Bayliss and Greg Roumeliotis
       NEW YORK, May 24 (Reuters) - Activist investor Carl
Icahn is set to win enough Illumina Inc  ILMN.O  shareholder
support to install at least one of his three nominees to the
gene sequencing machine maker’s board, two people familiar with
the matter said on Wednesday.
    A preliminary vote tally shows that Icahn nominee Andrew
Teno has won enough shareholder support to get on Illumina’s
board, the sources said.
    The sources added that the tally has not been finalised and
Illumina shareholders can change their votes until the company’s
annual shareholder meeting starts on Thursday.
    The sources asked not to be identified because the matter is
confidential. Icahn and Illumina spokespeople did not
immediately respond to requests for comment.
        

 (Reporting by Svea Herbst-Bayliss and Greg Roumeliotis in New
York; Editing by Paritosh Bansal)
 ((Greg.Roumeliotis@thomsonreuters.com; +1 646 223 6022; Reuters
Messaging: greg.roumeliotis.thomsonreuters.com@reuters.net))