 |
Nestlé completes sale of Alcon to Novartis
26.08.2010 09:55 "Agro Perspectiva" (Kyiv) —
Nestlé yesterday completed the sale of its remaining shares in Alcon to Novartis, representing around 52% of Alcon’s share capital, for USD 28.3 billion.
Nestlé acquired Alcon in 1977 for USD 280 million. Over the years, Nestlé supported Alcon’s R&D drive and international expansion, enabling the company to build a significant global leadership position in the eye care business. Taking into account the three steps of the gradual divestment of Alcon — the initial IPO of 23.25% in 2002, the sale of 24.8% in 2008 and the sale of Nestlé’s remaining Alcon shares to Novartis completed yesterday — Nestlé has realised USD 41 billion, thereby achieving full and fair value for its shareholders.
As an immediate result, Nestlé will substantially reduce its net debt position, which stood at CHF 29.6 billion at the end of June 2010. The Group will continue to capture opportunities to accelerate its development in core areas where its competences can be better leveraged and, through responsible capital management, maintain its AA rating — the gold standard credit quality in the industry — while providing a competitive return to its shareholders.
Nestlé Chairman Peter Brabeck-Letmathe: «Over the years Nestlé’s financial and operational support has allowed Alcon’s management to focus on its fantastic development from a minor player to global leadership in ophthalmology. I would like to thank the past and present managements of both Alcon and Nestlé for their work in building such a successful business.»
Nestlé CEO Paul Bulcke: «I am happy to be part of this successful creation of shareholder value by Nestlé. This divestment of our interest in Alcon will enable our management to concentrate on accelerating Nestlé’s transformation as the world’s leading nutrition, health and wellness company and delivering on our promise of Good Food, Good Life.»
12.07.2025 |
|
 |
|
|
 |
09:15 |
North Africa Shifts Toward Black Sea Supplies for Wheat Imports |
11.07.2025 |
|
|
|
|
|
19:40 |
EU expands support for Ukraine with new financing of almost EUR600 million for energy, transport and business resilience |
|
19:35 |
EBRD, the EU and partners announce plan to boost renewables in Ukraine |
|
08:26 |
Nufarm and Agrauxine announce strategic partnership to launch innovative bio fungicide Nuxine |
|
07:16 |
Cargill Sets a New Global Benchmark for more Sustainable Cocoa Supply Chains |
07.07.2025 |
|
|
|
|
|
09:02 |
FAO Food Price Index up slightly in June due to higher meat, dairy and vegetable oil prices |
01.07.2025 |
|
|
|
|
|
19:13 |
EU-backed ˆ30 million export guarantee pilot launched for Finnish SMEs trading with Ukraine |
|
08:41 |
Sudan: FAO scales up emergency response with seed distribution campaign targeting 7.5 million people |
|
07:34 |
EU and Ukraine reach agreement in principle on a modernised trade relationship |
29.06.2025 |
|
|
|
|
|
21:12 |
Global wheat production in 2025 is forecast at 800.1 million tonnes - FAO |
|
16:36 |
Coffee. Uganda Output to Continue Expanding |
|
09:05 |
World meat production is forecast to expand in 2025, albeit at a slower pace than in recent years |
28.06.2025 |
|
|
|
|
|
21:01 |
World milk production is forecast to reach 992.7 million tonnes in 2025 |
|
19:45 |
FAO urges collective action for food security, climate and development challenges in Africa |
26.06.2025 |
|
|
|
|
|
08:17 |
FAO Investment Centre Annual Review: a look back at 2024 Agrifood investment and finance solutions for people and the planet |
|
08:10 |
Proposal under consideration for a targeted ‘Crop War’ on sugarcane and other key crops: Agri Minister |
17.06.2025 |
|
|
|
|
|
12:45 |
Ministers Call for Agricultural Reform, Engagement |
13.06.2025 |
|
|
|
|
|
13:27 |
U.S. Corn Reasserts Dominance in Japan, South Korea, and Taiwan |
|
12:29 |
India Soybean Meal Consumption Tempered by Ethanol Expansion |
09.06.2025 |
|
|
|
|
|
17:27 |
EBRD Vice President Mark Bowman to visit Ukraine |
08.06.2025 |
|
|
|
|
|
16:15 |
Exports boost EU agri-food trade surplus in February |
06.06.2025 |
|
|
|
|
|
20:47 |
FAO Food Price Index dips in May amid lower cereal, sugar and vegetable oil prices |
|
07:58 |
New data shows that crops like wheat, coffee, beans and cassava could lose half of the best land for growing them by 2100 |
03.06.2025 |
|
|
|
|
|
20:04 |
Losses of Kherson region farmers from drought exceed UAH 1 bln - Ukrainian Agri Council |
02.06.2025 |
|
|
|
|
|
18:10 |
Argentina Sugar Production on the Rise |
|
12:28 |
Ukraine: rural communities need immediate support to plant and produce food amid ongoing war |
31.05.2025 |
|
|
|
|
|
23:26 |
From its origins in the Andes more than 8,000 years ago, the potato is now grown in 159 counties |
29.05.2025 |
|
|
|
|
|
23:07 |
FAO and Ukraine strengthen strategic collaboration for frontline recovery and agricultural resilience |
|
22:45 |
Gaza’s agricultural infrastructure continues to deteriorate at alarming rate |
|
21:45 |
Astana International Forum: FAO calls for increased investment to unlock Central Asia’s potential and address regional challenges |
|
21:39 |
Ukraine, IMF reach staff-level agreement on $500M tranche – Shmyhal |
20.05.2025 |
|
|
|
|
|
18:25 |
Brazil confirms first case of avian influenza at commercial poultry farm |
|
17:00 |
EU agri-food trade kicked off 2025 with growth in exports and imports |
|
16:37 |
Philippines sugar output expected to rise 5% higher than the initial estimate, says SRA |
16.05.2025 |
|
|
|
|
|
20:34 |
Acute food insecurity and malnutrition rise for sixth consecutive year in world’s most fragile regions – new report |
|
20:25 |
Global soybean production is forecast at a new record in 2025/26 |
15.05.2025 |
|
|
|
|
|
21:39 |
Gaza: With famine looming, FAO urges immediate access to save livelihoods and food production |
13.05.2025 |
|
|
|
|
|
10:05 |
Global oilseed production in 2025/26 is forecast at a record 692 million tons |
|
09:29 |
WTO sounds alarm on global agricultural trade |
|
08:19 |
Ukraine’s GDP growth seen slowing slightly to 3.3 per cent in 2025 |
|
08:03 |
2025/26 Grain Consumption Rises while Trade Expands |
10.05.2025 |
|
|
|
|
|
19:32 |
Farmers sow 76% of spring grains and legumes from plan, catch up with last year's figure in terms of area |
09.05.2025 |
|
|
|
|
|
08:43 |
FAO warns: Enhanced awareness and action needed amid foot-and-mouth disease outbreaks in Europe and the Near East |
|
08:27 |
Trade in goods with Ukraine in 2024 |
03.05.2025 |
|
|
|
|
|
07:15 |
Production outlook for 2025 wheat crop remains favorable - FAO |
02.05.2025 |
|
|
|
|
|
14:35 |
FAO Food Price Index rises in April on higher cereal, dairy and meat prices |
01.05.2025 |
|
|
|
|
|
08:18 |
Canada opens its market for shell eggs from Ukraine |
|
06:17 |
Ukraine exports 35 mln tonnes of grain in nine months of 2024/25 MY – Ministry of Agrarian Policy |
|
05:08 |
FAO launches a $150 million Emergency and Early Recovery Response Plan for Ukraine to support war-affected rural communities |
25.04.2025 |
|
|
|
|
|
17:26 |
EBRD lends EUR270 million to Naftogaz for Ukraine energy security |
Also available: 
|
| |
|
|
