Provider of DNA sequencing and array-based technologies, Illumina, Inc ( ILMN ). said it welcomes the European Court of Justice’s (ECJ’s) judgment ruling that the European Commission did not have jurisdiction over Illumina’s acquisition of GRAIL. The judgment confirms Illumina’s longstanding view that the European Commission exceeded its authority by asserting jurisdiction over this merger. The basis for the $476.96 million (432...

09:01 AM EDT, 09/03/2024 (MT Newswires) -- Transocean ( RIG ) said in a regulatory filing Tuesday that one of its units has signed agreements with an unnamed third party to sell the Development Driller III and associated assets for $195 million and the Discoverer Inspiration and associated assets for $147 million. The company anticipates roughly a non-cash charge of...

(Reuters) - Constellation Brands ( STZ ) will write down the value of its wine and spirits business and take up to a $2.5 billion charge in the current quarter, the Corona beer maker said on Tuesday, following several quarters of weak demand in the U.S. The company also trimmed its annual enterprise net sales growth to between 4% and...

NEW YORK, Sept 3 (Reuters) - The family behind Tropical Cheese Industries is exploring a sale of the Hispanic dairy products maker that could value it at over $500 million, according to people familiar with the matter. Tropical Cheese, based in Perth Amboy, New Jersey, is working with investment bank Rothschild and Co to solicit acquisition offers, the sources said,...