Illumina (ILMN) has issued an announcement.
Illumina, Inc. has received the green light from the European Commission to move forward with its divestment plan for GRAIL, LLC. This decision allows Illumina to consider both a trade sale and a capital markets divestiture. For a market transaction, Illumina is required to fund GRAIL with about $1 billion, and aims to conclude the divestiture terms by mid-2024.
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