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Novartis spins off Alcon eye care unit as independent company in deal worth up to $5bn

28 May 2019

Executive Summary

After considering various other options, Novartis AG decided to spin off the device-focused parts of its Alcon Inc. eye care division into a separate independent company so the former can focus on its pharma business.
Deal Industry
  • Medical Devices
  • Medical Devices
    • Consumables, Central Supplies
    • Implantable Devices
    • Surgical Equipment & Devices
Deal Status
  • Final
Deal Type
  • Acquisition
    • Divestiture/Spin-Out
    • Full Acquisition
    • Includes Contract
    • Payment Includes Stock

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

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