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ACL Acal

320.25
0.00 (0.00%)
25 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Acal LSE:ACL London Ordinary Share GB0000055888 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 320.25 320.00 324.75 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Novartis CEO: Co Hopes To Buy 52% Alcon Stake From Nestle

07/05/2009 5:05pm

Dow Jones News


Acal (LSE:ACL)
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From Jun 2019 to Jun 2024

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Novartis AG (NVS) Chief Executive Daniel Vasella Thursday said the Swiss drugmaker hopes to buy a 52% stake in U.S. eyecare maker Alcon Inc. (ACL) from food giant Nestle SA (NESN.VX).

"Hopefully we will buy the remaining stake from Nestle - the future will tell," Vasella, speaking from New York, said on financial broadcaster CNBC.

Vasella deflected questions about potential deals amid major ones in the pharmaceutical industry such as Roche Holding AG's (ROG.VX) $46.8 billion takeover of Genentech Inc. (DNA), pointing to the purchase of an Alcon minority stake last April.

Broadcaster Web site: www.cnbc.com

-By Katharina Bart, Dow Jones Newswires; +41 43 443 8043; katharina.bart@dowjones.com

 
 

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