Illumina Responds To European Commission's Divestiture Order; Says Co Will Have 12 Months To Divest GRAIL
Portfolio Pulse from Benzinga Newsdesk
Illumina has responded to the European Commission's order to divest GRAIL. The company will have 12 months to complete the divestiture.
October 13, 2023 | 6:14 pm
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Illumina is ordered by the European Commission to divest GRAIL within 12 months. This could potentially impact the company's future growth and financial performance.
The divestiture of GRAIL could potentially impact Illumina's future growth and financial performance. The company may lose a significant asset and this could affect its revenue and profitability. The news is highly relevant as it directly involves Illumina and has a high importance due to its potential impact on the company's financials.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100