Nestlé on Wednesday completed the sale of its remaining shares in Alcon to Novartis, representing around 52% of Alcon’s share capital, for USD 28.3 billion.Nestlé acquired Alcon in 1977 for USD...
Proceeds from the sale of Nestlé’s remaining stake in Alcon to health-care giant Novartis are likely to be used for deleveraging, according to an industry analyst.
The Swiss food giant announced...
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