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Illumina offers EU concessions over Grail deal as merger-review clock restarts

By Lewis Crofts and Natalie McNelis ( July 19, 2022, 17:07 GMT | Insight) -- US biotech company Illumina has today offered to change the terms of its deal to acquire cancer-testing specialist Grail in a bid to assuage EU competition concerns over the transaction, according to an update to the European Commission’s website this evening. The clock is officially restarted on the review, with a new deadline of Sept. 12.US biotech company Illumina has today offered to change the terms of its deal to acquire cancer-testing specialist Grail in a bid to assuage EU competition concerns over the transaction, according to an update to the EU regulator’s website this evening....

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