Roche issues statement regarding Illumina offer Full Text
Roche, 04/13/2012
We continue to believe that on the basis of the public information that has been available to us, our offer price of $51 per share is full, fair and extremely attractive by every conceivable financial metric. Illumina has to date not provided any quantitative support for their aggressive growth assumptions. We believe that their long term growth expectations are unrealistic and ignore the inherent and significant market and technology risks, said Severin Schwan, CEO of Roche Group.



