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Reuters: Novartis to buy Nestle's Alcon stakes for $39 bln

Started by chris, April 07, 2008, 08:01:03 AM

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chris

Novartis to buy Nestle's Alcon stakes for $39 bln
      


ZURICH (Reuters) - Novartis AG  will buy Nestle SA's  25 percent stake in Alcon  for $11 billion and has an option to acquire Nestle's remaining 52 percent stake for a further $28 billion, the Swiss drugmaker said on Monday.
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