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16.12.2010
Manufacturer contact lenses Alcon will sell the shares of Europe's largest pharmacist, Novartis
 	 Manufacturer contact lenses Alcon will sell the shares of Europe's largest pharmacist, Novartis

Largest pharmaceutical giant Novartis announced a merger with a large company Alcon. The latter is engaged in manufacture of eye care.

The total amount of transactions involving the redemption of 23% stake in Alcon should reach about 12, $ 9 billion.

It is worth noting that for one share of Alcon pharmaceutical giant Novartis will pay $ 168. The real market value of shares by a quarter of the price of shares for which Novartis plans to buy a company that produces tools for eye care.

It is worth noting that the completion of the transaction is scheduled for the first half of 2011.

Recall that Novartis - this is the second largest European drugmaker by market capitalization. In this case the corporation is located at the Swiss Basel. The company's profit in 2010 amounted to $ 10 billion.



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