Novartis AG

1-17 of 42 results

Novartis to Buy Out Alcon from Nestle

BusinessWeek 26 days ago

By Dermot Doherty [Bloomberg] -- Novartis AG (NVS) offered to buy the rest of Alcon Inc. (ACL), the world's largest eye-care company, from Nestle SA (NSRGY) and minority shareholders for about $39.3 billion, as Chief Executive Officer Daniel Vasella expands into eye ...

Novartis May Raise Public Alcon Bid

BusinessWeek 26 days ago

By Carey Sargent [Bloomberg] -- Novartis AG may raise its $10.4 billion bid for the publicly traded stock of Alcon Inc., the world's largest eye-care company, to appease shareholders who are getting less than the Swiss drugmaker agreed to pay Nestle SA ...

Stocks on the Move: Alcoa, Boeing, Chevron, Intel

BusinessWeek 26 days ago

Jan. 4 [Bloomberg] -- Shares of the following companies are having unusual moves in U.S. trading. Stock symbols are in parentheses, and prices are as of 11:20 a.m. in New York. Coal and metal producers advanced after reports showed manufacturing in the ...

Minority shareholders seek to slow Alcon takeover

AP News 29 days ago

Minority shareholders seek better price in Novartis' takeover of eye-care products maker Alcon The minority shareholders of eye-care products maker Alcon, Inc. have filed a class-action lawsuit to prevent Swiss pharmaceutical giant Novartis AG from completing a $39 billion takeover of the ...

UW Madison's patenting arm wins suit against Xenon

AP News 35 days ago

Patenting arm at Univ. of Wis.-Madison wins lawsuit against Canadian drug company Xenon The University of Wisconsin-Madison's patenting arm won an appeal Tuesday in federal court against Canadian drug company Xenon. The lawsuit brought by the Wisconsin Alumni Research Foundation dealt with ...

Alcon directors criticize Novartis takeover tactics

Reuters US Online Report Business News 35 days ago

ZURICH (Reuters) - Alcon's independent directors have criticized a takeover bid from Novartis, saying the Swiss drugmaker is trying to circumvent protections for minority shareholders. Novartis aims to buy the rest of eye-care group Alcon for $39.3 billion to reduce its reliance ...

Novartis bids $40 bln for eye-care giant Alcon

AFP Global Edition 36 days ago

Swiss pharmaceuticals giant Novartis on Monday made a 40-billion-dollar play for the fast growing eye-care market, aiming to take over Alcon, the world's biggest company in a sector driven by an ageing population. Combined, Alcon and Novartis would have about 70 percent ...

Novartis seeks full ownership of eyecare giant Alcon

AFP Global Edition 36 days ago

Swiss pharmaceutical group Novartis said on Monday that it had bought a controlling stake in the world's biggest eye-care firm Alcon from Nestle and that it was seeking full ownership of Alcon. "Novartis intends to gain full ownership of Alcon Inc. by ...

Novartis looks to buy out Alcon for $38.5 bln

AP News 36 days ago

Swiss drug maker Novartis plans to buy remaining stake in eye-care company Alcon for $38.5 bln Novartis AG said Monday it plans to take over Alcon Inc. by paying $38.5 billion for the 77 percent stake it does not already own in ...

Novartis says buys controlling stake in Alcon

AFP Global Edition 36 days ago

Swiss pharmaceutical group Novartis on Monday said it had bought a controlling stake in the world's largest eye care firm Alcon from Nestle for 28.1 billion dollars (19.7 billion euros). The purchase of the additional 52 percent stake in Alcon follows a ...

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