Bloomberg News

Roche Won’t Revisit Illumina Purchase Offer, Chief Tells Sonntag

June 10, 2012

Roche Holding AG (ROG) will not make a new purchase offer for Illumina Inc. (ILMN:US), Der Sonntag reported, citing an interview with Chief Executive Officer Severin Schwan.

Roche is focusing mostly on small and medium-sized acquisitions, Schwan told the newspaper. He also said he wouldn’t rule out acquisitions the size of Illumina if opportunities arise, the newspaper said.

To contact the reporter on this story: Elena Logutenkova in Zurich at elogutenkova@bloomberg.net

To contact the editor responsible for this story: Frank Connelly at fconnelly@bloomberg.net


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Companies Mentioned

  • ILMN
    (Illumina Inc)
    • $189.12 USD
    • 3.28
    • 1.73%
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