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Roche offers $5.7 billion to buy gene firm Illumina

By: Yossel in NUTS & BOLTS | Recommend this post (0)
Wed, 25 Jan 12 6:42 PM | 110 view(s)
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Roche offers $5.7 billion to buy gene firm Illumina

The logo of the Swiss drugmaker Roche is seen on a factory in Burgdorf near Bern November 17, 2010.


(Reuters) - Roche Holding AG is offering $5.7 billion in cash to buy U.S. gene sequencing company Illumina Inc in an unfriendly takeover bid that marks a major play by the Swiss drugmaker into the gene technology field.


Credit: Reuters/Pascal Lauener

Sakthi Prasad

Wed Jan 25, 2012 5:41am EST

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http://www.reuters.com/article/2012/01/25/us-illumina-roche-idUSTRE80O0FR20120125




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