Novartis hands investors Alcon spin-off and $5 billion share buyback

June 29, 2018 admin Business News Comments Off on Novartis hands investors Alcon spin-off and $5 billion share buyback

ZURICH (Reuters) – Novartis plans to spin off its Alcon eye care business to shareholders and repurchase up to $5 billion in shares, as Chief Executive Vas Narasimhan refocuses the Swiss firm on prescription drugs.

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Source:: Reuters – Business News