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EU antitrust regulators resume Illumina, Grail probe, decision due by Feb. 4 By Reuters

by Mike Robinson

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© Reuters. FILE PHOTO: One of many workplace complexes of Illumina, Inc is proven in San Diego, California, U.S., October 9, 2020. REUTERS/Mike Blake

BRUSSELS (Reuters) – EU antitrust regulators have resumed their scrutiny of U.S. life sciences firm Illumina (NASDAQ:)’s bid for Grail Inc after a two-month momentary halt and can determine by Feb. 4 whether or not to clear the deal, a European Fee submitting confirmed on Tuesday.

The EU competitors enforcer paused its investigation on Aug. 11 whereas ready for Illumina to offer requested information.

It restarted the clock on Oct. 7. Final month it despatched an announcement of objections to Illumina for closing the deal earlier than securing regulatory clearance, warning of interim measures.

Illumina finalised the deal in August and mentioned it will maintain Grail as a separate firm whereas ready for the EU inexperienced mild.

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