What Gene Sequencer is Roche (RHHBY) Aiming to Buy? (ILMN) (GENE)

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Roche Prepared to Pay $66/Share for Illumina (ILMN) - Reports

December 20, 2012 6:57 AM EST

Illumina, Inc. (NASDAQ: ILMN) is on watch Thursday following reports from L'Agefi that Roche has agreed to pay $66 per share for the company although a deal has not been finalized.

Illumina rejected a $51 per share bid from Roche in April 2012. Roche... More

Roche (RHHBY) May Use Cash to Reduce Debt, Make Acquisitions - CFO Hippe

December 20, 2012 6:11 AM EST

Roche (OTCBB: RHHBY) plans to make acquisitions in the $6 billion to $7 billion range, according to CFO Alan Hippe.

The firm is targeting technologies, including gene sequencing, and it might buy smaller, complimentary firms.

Roche plans to reduce debt to... More