EU imposes guarantees for Illumina-Grail deal during review

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By Matthew Perlman (Oct 29, 2021, 4:47 p.m. EDT) – European competition authority demands monitor and threatening fines to ensure Illumina and Grail maintain separation while authorities conduct a review of the reacquisition of $ 8 billion from cancer by DNA sequencing company. -test outfit.

The European Commission said in a statement on Friday that it had imposed so-called interim measures on Illumina and Grail, the first time it has taken such a step on reaching a deal while its merger review is underway. Classes.

Illumina and Grail finalized the decision on Aug. 18, despite an ongoing challenge from U.S. officials in addition to scrutiny in Europe, saying they would keep …

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