Keyword: Nestlé

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Strategic Raw Materials

08.11.2011 - Raw Material Shortages - Volatile markets are giving purchasers quite a bit of a headache for some time now. However, this might be the less severe problem compared to supply...

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Novartis Expects Annual Cost Synergies of $350 Million From Alcon Integration

13.09.2011 - Novartis Tuesday said it now expects the integration of Alcon as an eye care segment to create annual cost synergies of $350 million by 2013. In January 2010, on acquiring a 77%...

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Novartis Won’t Go All-Cash on Alcon Deal

18.11.2010 - Novartis will not go for an all-cash deal to clinch the remaining 23% stake it does not already own in U.S.-listed eyecare group Alcon, Chief Executive Joe Jimenez told Reuters on...

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Novartis Hasn't Ruled out Keeping its 77% Alcon Stake

16.11.2010 - Swiss drugmaker Novartis has not ruled out sticking with its 77% stake in U.S.-listed eyecare group Alcon, Novartis Chief Executive Joe Jimenez was quoted as saying on Tuesday....

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Novartis to Push Ahead With Disputed Alcon Buyout

27.08.2010 - Swiss drugmaker Novartis is pushing ahead with its contentious buyout of Alcon minority shareholders after completing its acquisition of stock from Nestle to get control of the U.S...

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Novartis Banking on Swiss Law for Alcon Deal

23.08.2010 - Swiss drugmaker Novartis is seeking to use Swiss merger law to push through its buy of a minority stake in U.S. Eyecare Group Alcon, which would give it full control of the group...

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Cargill to Study SMART Audit, Decide How To Proceed

10.08.2010 - Agribusiness giant Cargill said on Tuesday it would study the findings of an audit of Indonesian palm oil giant PT SMART Tbk soon to decide how to proceed. SMART said that the...

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Novartis Still Seeking To Buy Out Alcon

12.07.2010 - Swiss drugmaker Novartis is still seeking to buy out the minority shareholders of eyecare group Alcon with a lowball offer, now worth some $9.7 billion. Here are some key facts...