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EU regulators impose interim measures against Illumina in Grail deal By Reuters

by Mike Robinson

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© Reuters. FILEPHOTO: This is a photograph showing a building at Illumina’s campus in San Diego. It was taken on September 1, 2021. REUTERS/Mike Blake

BRUSSELS (Reuters) – EU antitrust regulators on Monday announced interim measures against U.S. life sciences company Illumina (NASDAQ:) for for closing its $8 billion cash-and-stock takeover of cancer detection test maker Grail deal before gaining approval.

The European Commission stated that these measures were designed to maintain and restore effective competition, while it reviews the Illumina acquisition of Grail.

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