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Business & Finance

Roche announces takeover bid of US company Illumina

PARIS: Swiss pharmaceuticals giant Roche announced Wednesday it had launched a takeover bid for Illumina, a US company
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By Shoaib Ur Rehman
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roechPARIS: Swiss pharmaceuticals giant Roche announced Wednesday it had launched a takeover bid for Illumina, a US company that specialises in life sciences.

 

The company was offering $44.50 (34.2 euros) per share, which Roche chief executive Severin Schwan said in a statement was "full and fair value" for the company.

 

 

Copyright AFP (Agence France-Presse), 2012

 

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