Two-step deal would give Swiss pharma a majority stake in the eye-care company
(Newser) -
Nestle and pharma giant Novartis continued swapping brands today, with Novartis, which sold Gerber to Nestle last year, agreeing to pay $39 billion for a 77% stake in eye-care company Alcon, reports the
Wall Street Journal. The two-step deal—Novartis will pay $11 billion for 74 million shares this year...
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