Icahn 開始する,打ち上げるs proxy fight at Illumina, 捜し出すs board seats

By Bhanvi Satija and Svea Herbst-Bayliss

March 13 (Reuters) - 億万長者 投資家 Carl Icahn is 押し進めるing for three board seats at Illumina, 非難するing the 生物工学 company's 取得/買収 of a 癌 実験(する) developer that cost 投資家s $50 billion.

Icahn, who owns 1.4% of Illumina, told other 投資家s in a letter on Monday that he 計画(する)s to 指名する three director 候補者s to the company's nine person board, after weeks of 私的な discussions with the company "failed to 伸び(る) traction."

Illumina in 2021 の近くにd a 取引,協定 to buy Grail, which develops 癌 (犯罪,病気などの)発見 実験(する)s, in spite of 独占禁止の 対立 from the 連邦の 貿易(する) (売買)手数料,委託(する)/委員会/権限 in the 部隊d 明言する/公表するs and the European Union.

Icahn wants the board seats for 恐れる that Illumina's 現在の directors will "追求する Grail until the end of time without regard to the 量 of value 破壊 they leave in their wake." The 決定/判定勝ち(する) to の近くに the 取引,協定 in the 直面する of European regulators 反対s "created a staggering 量 of 危険," he wrote in the letter.

The Icahn 候補者s - Vincent Intrieri, 足緒 Lynn and Andrew Teno - would help keep Illumina from "沈むing その上の."

Illumina said CEO Francis deSouza and board 議長,司会を務める John Thompson spoke with Icahn several times, and that his 候補者s were interviewed. But the company 決定するd they 欠如(する) "関連した 技術s and experience."

"Icahn was explicit and unyielding in his 需要・要求する that any 決意/決議 should give him outsized 影響(力) and 支配(する)/統制する," the company said in a 声明.

The company also said that Icahn's letter does not 認める the value Grail can bring to Illumina 株主s.

Illumina's size shrunk from 概略で $70 billion to $30 billion in market capitalization as 投資家s worried about the 引き継ぎ/買収. On Monday, the 在庫/株 jumped 16%.

The European Union in December 明かすd 詳細(に述べる)s of a planned order which would 軍隊 Illumina to unwind its $7.1 billion 取得/買収 of Grail, 恐れるing the 取引,協定 would 傷つける 消費者 choice. While Illumina is 控訴,上告ing the planned order, it is also 調査するing 選択s for next steps if the EU indeed 軍隊s it to divest Grail, it said.

Icahn said he 恐れるs the company could lose $800 million in operating costs 毎年 if the Grail 取引,協定 is not unwound.

Icahn's sabre 動揺させるing at Illumina lays the ground work for one of the year's most high profile proxy contests after Nelson Peltz ended his contest for a seat at Disney and Daniel Loeb reached and 協定 with Bath & 団体/死体 作品. A handful of 行動主義者s are still 圧力ing Salesforce to make changes.

At age 87, the 億万長者 remains one of the 産業's most 恐れるd 行動主義者 投資家s after having taken on iconic American companies 含むing CVR Energy and Netflix over 10年間s as an 投資家. (報告(する)/憶測ing by Bhanvi Satija in Bengaluru and Svea Herbst-Bayliss in Rhode Island; Editing by Anil D'Silva, Devika Syamnath and Maju Samuel)

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