Brief: Illumina’s Planned Divestment Of Grail Approved By The European Commission

Illumina

12/04/2024 14:00

April 12 (Reuters) - Illumina Inc  ILMN.O :
    * ILLUMINA’S PLANNED DIVESTMENT OF GRAIL APPROVED BY THE
EUROPEAN
COMMISSION
    * CONTINUES TO EXPLORE DIVESTING GRAIL THROUGH EITHER TRADE
SALE
OR CAPITAL MARKETS TRANSACTION
    * IN EVENT OF CAPITAL MARKETS TRANSACTION, CO MUST
CAPITALIZE
GRAIL WITH 2-1/2 YEARS OF FUNDING, WHICH IS ESTIMATED AT ABOUT
$1 BILLION


 ((Reuters.Briefs@thomsonreuters.com;;))