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Roche To Return Tendered Illumina Shares To Shareholders

By Marta Falconi Of DOW JONES NEWSWIRES ZURICH -(Dow Jones)- Roche Holding AG (ROG.VX) will return all tendered Illumina Inc. (ILMN) shares to the company's shareholders following the Swiss drug maker decision to drop its bid to buy the U.S. diagnostics company, a Roche spokesman said Monday. Roche's Alexander Klauser declined to say how many shares had been tendered by Illumina shareholders since the world's biggest maker of cancer drugs launched its hostile takeover in January. Roche said last week it wasn't extending the acceptance period for its offer, which expired last Friday, effectively ending the bid. Roche had tried to wrestle control of the Illumina board at the company's annual shareholders meeting last week, but failed to have its slate of directors elected. -By Marta Falconi, Dow Jones Newswires; +41 43 443 8043; marta.falconi@dowjones.com

Stock News for Illumina (ILMN)
DateTimeHeadline
04/26/201503:01:25Illumina's "Hold" Rating Reiterated at Cantor Fitzgerald (ILMN)
04/26/201503:01:23Illumina Stock Rating Reaffirmed by BTIG Research (ILMN)
04/24/201510:02:02Illumina's Earnings Set Positive Tone for Biotech
04/23/201519:22:21Statement of Changes in Beneficial Ownership (4)
04/23/201518:59:00Statement of Changes in Beneficial Ownership (4)
04/23/201507:09:39Illumina Upgraded to "Strong-Buy" by Tigress Financial (ILMN)
04/22/201510:49:28Illumina Given New $240.00 Price Target at Citigroup Inc. (ILMN)
04/22/201503:41:21Illumina Price Target Raised to $230.00 at Mizuho (ILMN)
04/21/201521:48:57Strong Demand Boosts Illumina Inc. in Q1
04/21/201518:30:02Strong Demand Boosts Illumina Inc. in Q1
04/21/201516:08:26Current Report Filing (8-k)
04/21/201516:05:00Illumina Reports Strong Start to Fiscal Year 2015
04/16/201518:39:06Statement of Changes in Beneficial Ownership (4)
04/16/201518:34:05Statement of Changes in Beneficial Ownership (4)
04/15/201519:12:58Statement of Changes in Beneficial Ownership (4)
04/15/201519:01:04Statement of Changes in Beneficial Ownership (4)
04/15/201518:27:23Statement of Changes in Beneficial Ownership (4)
04/15/201518:00:56Statement of Changes in Beneficial Ownership (4)
04/15/201508:02:023 Promising Healthcare Stocks Under $10
04/13/201519:04:05Statement of Changes in Beneficial Ownership (4)

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