Illumina Will Weigh Roche's $5.7B Hostile Takeover Bid; Asks Shareholders to "Take No Action" Yet | GenomeWeb

By Julia Karow

This article, originally posted Jan. 25, has been updated with information from company statements and a Roche conference call to discuss the proposed acquisition.

Roche has made a $5.7 billion hostile takeover bid for Illumina to bolster its clinical sequencing capabilities, following unsuccessful direct discussions with the company in recent weeks.

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