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Illumina Inc
Illumina accused by Brussels of ‘delay tactics’ on Grail divestiture
...Brussels has accused Illumina of using “delay tactics” to prevent a speedy ruling on whether the world’s biggest gene sequencing company should be forced to divest cancer test developer Grail....
May 27, 2023
Menswear
The party tie is back — yes, really
...But lo, everyone from interior designer Nicky Haslam to rock-star offspring Gene Gallagher was in a tie. It was clearly a thing. And they’d done it in a louche, party-friendly way....
December 18, 2023
FT Live
US Pharma and Biotech Summit
Strategies for innovation, pricing and access
Thursday, 16 MayNew York, NY, USA
Illumina Inc
Francis deSouza resigns as Illumina boss after proxy battle with Carl Icahn
...Illumina chief executive Francis deSouza has resigned following a bruising proxy battle with activist investor Carl Icahn over the future of the world’s biggest gene sequencing company....
June 11, 2023
News updates from October 18: Netflix beats subscriber expectations, China’s economy grows 4.9%
Activist Icahn sues Illumina board over Grail acquisition
...Activist investor Carl Icahn said his company has sued current and former board directors at Illumina concerning its acquisition of gene-sequencing company Grail....
October 17, 2023
News updates from October 17: 2-year Treasury yields hit 17-year high, Rolls-Royce to axe more than 2,000 jobs
Activist Icahn sues Illumina board over Grail acquisition
...Activist investor Carl Icahn has said his firm has sued current and former board directors at Illumina, concerning its acquisition of gene-sequencing company Grail....
October 17, 2023
Unhedged
Is Arm really an AI stock? Premium content
...Gene Munster, a partner at the technology investor Deepwater Asset Management, concurred. Arm “is part of the AI story....
February 13, 2024
FT Live
Global Pharma and Biotech Summit
Driving life sciences innovation in a disrupted world
Tuesday, 5 NovemberIn-Person & Online Conference
Live news updates from May 10: US inflation eases, Ukraine claims counterattack close to Bakhmut
Carl Icahn’s proxy battle against Illumina boosted by Glass Lewis report
...The recommendation provides a boost to activist investor Carl Icahn, who has launched a proxy battle against the board of the world’s largest gene sequencing company over what he describes as Illumina’s...
May 10, 2023
News updates from September 5: Oil rises above $90 a barrel, Spanish women’s football manager sacked
Illumina appoints ex-Agilent executive as new CEO
...Illumina has appointed Jacob Thaysen as its new chief executive, as the biotech group seeks to rebuild its leadership team following a bruising proxy battle with activist investor Carl Icahn....
September 5, 2023
Investor activism
Activist investors mount record number of attacks against companies
...In December the gene sequencing company said it would divest from Grail....
January 6, 2024
InterviewIllumina Inc
Illumina can survive loss of chair and CEO, says board director
...activist investor Carl Icahn....
May 24, 2023
Live news updates from August 10: Kate Spade and Jimmy Choo parents merge, US inflation edges up
Illumina cuts profit outlook as technology chief departs
...In June, Illumina chief executive Francis deSouza resigned following a bruising proxy battle with activist investor Carl Icahn....
August 9, 2023
Live news updates from August 9: Disney misses revenue forecasts, European gas prices rise 30%
Illumina cuts profit outlook as technology chief departs
...In June, Illumina chief executive Francis deSouza resigned following a bruising proxy battle with activist investor Carl Icahn....
August 9, 2023
Illumina Inc
Glass Lewis backs Carl Icahn’s push to oust Illumina’s chief and chair
...Influential proxy adviser Glass Lewis has urged investors to vote against the reappointment of the chief executive and chair of Illumina, the world’s largest gene sequencing company, saying the pair have...
May 10, 2023
Illumina Inc
Illumina chair ousted in proxy battle with Carl Icahn
...Illumina shareholders have voted to oust company chair John Thompson and approve a nominee supported by Carl Icahn following a bruising proxy battle led by the veteran activist investor....
May 25, 2023
Behind the Money podcast24 min listen
How a big biotech’s start-up gamble went wrong
...Illumina, the world’s biggest gene sequencing company, announced plans to buy cancer detection start-up Grail for $8bn while the biotech boom was in full swing....
June 28, 2023
FT Live
Outstanding Directors Exchange
Fostering trust for steadfast leadership
Wednesday, 12 JuneHarvard Club of New York City, West 44th Street, New York, NY, USA
Transcript
How a big biotech’s start-up gamble went wrong
...And so for all of these reasons, enter the feared activist investor Carl Icahn. Jamie SmythSo Carl Icahn is this 87-year-old legendary corporate raider....
June 28, 2023
Illumina Inc
EU regulators to order Illumina to sell $8bn cancer treatment group
...Activist investor Carl Icahn attacked the deal as reckless and pushed for the exit of Illumina’s longstanding chief executive Francis deSouza, who in June agreed to step down....
October 9, 2023
Illumina Inc
Illumina hit with record €432mn fine for ignoring EU concerns over Grail deal
...The San Diego-based company’s decision to complete the acquisition unleashed a challenge from Carl Icahn....
July 12, 2023
Illumina Inc
Illumina faces record fine over purchase of Grail without EU approval
...Illumina faces a record fine from the EU as early as next week after the world’s biggest gene sequencing company bought Silicon Valley cancer screening start-up Grail for $8bn without Brussels’ approval....
July 4, 2023
Illumina Inc
Illumina appoints new CEO after battle with investors
...Illumina has appointed Jacob Thaysen as its new chief executive, as the biotech group seeks to rebuild its leadership team following a bruising battle with activist investor Carl Icahn....
September 5, 2023
Artificial intelligence
Investors use AI to glean signals behind executives’ soothing words
...On his final earnings call as chief executive of gene sequencing company Illumina, Francis deSouza did his best to stay positive....
November 12, 2023
What you need to know today
...Illumina, the world’s largest gene-sequencing company, has appointed Jacob Thaysen as its new chief executive after a battle with activist investor Carl Icahn forced out both the chair of the company and...
September 6, 2023
News in-depthGerman politics
Martin Sellner: Austrian extremist stirs up political storm in Germany
...His oeuvre comprises niche political books, heavy with references to philosopher Martin Heidegger and lesser, more controversial idols of proto-fascist thought, such as Oswald Spengler and Carl Schmitt....
January 19, 2024
InterviewCarl Icahn
Carl Icahn urges Fed to keep fighting inflation ‘disease’ after SVB collapse
...Activist investor Carl Icahn has urged the Federal Reserve to stay the course in the fight against the “disease of inflation” despite the failure of Silicon Valley Bank and two other banks last week....
March 17, 2023
FirstFT
FirstFT: Corporate bankruptcies rise as US credit squeeze tightens
...Carl Icahn secured a much-needed victory yesterday when shareholders of Illumina backed his nomination to be chair of the world’s biggest gene sequencing company....
May 26, 2023

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