Illumina CFO says there's outside interest in Grail as 'outright sale' explored
Illumina has received outside interest in buying or investing in Grail, according to comments that Illumina’s chief financial officer made Tuesday at an investor event, in the first sign that a potential suitor has emerged.
CFO Joydeep Goswami told Evercore analysts that Illumina received “inbound interest” in Grail before the European Union ordered that Grail be divested. Illumina plans to file a Form 10 by the end of the year that allows the company to engage with outside parties, which could include an “outright sale,” he added.
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