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Novartis announces that it will spin-off its ophthalmology division, Alcon, into a separately-traded standalone company in order to focus on its legacy pharmaceuticals business.
The debut made Sandoz the largest new entrant to the Swiss stock exchange since 2019, when another Novartis spin-off, eyecare company Alcon, was valued at about 28 billion francs.
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On July 8, 2010, Alcon's independent director committee (IDC) had set up a $50 million litigation trust to ensure company's minority shareholders get the best deal from bidder Novartis AG. On April 9, 2019, Alcon completed a 100% spin-off from Novartis. The new standalone company is worth up to 28 billion Swiss francs.
television spin-offs. EastEnders is a British soap opera that has aired on BBC One since 19 February 1985. Several spin-off shows have been made, some of which use the narrative of flashbacks to look at the history of the characters such as "CivvyStreet". Others have been a lead-up for a character's eventual return to the show such as "Return ...
The Nasdaq Composite, which tracks the stock performance of the more than 3,000 stocks listed on the exchange, hit a new all-time high (again) this week. This marks the 19th time this year the ...
This is a list of spin-offs from SRI International.SRI International (SRI), previously known as Stanford Research Institute, is a research and innovation center. To commercialize its innovative technologies, SRI engages in licensing agreements and collaborates with investment and venture capital companies to initiate a diverse range of business ventures.
Here's What to Expect. The moment many investors were waiting for is finally here: Nvidia (NASDAQ: NVDA) is set to split its stock on June 7. This comes after the stock soared more than 3,000% in ...