Novartis CEO: Co Hopes To Buy 52% Alcon Stake From Nestle
08 5월 2009 - 1:05AM
Dow Jones News
Novartis AG (NVS) Chief Executive Daniel Vasella Thursday said
the Swiss drugmaker hopes to buy a 52% stake in U.S. eyecare maker
Alcon Inc. (ACL) from food giant Nestle SA (NESN.VX).
"Hopefully we will buy the remaining stake from Nestle - the
future will tell," Vasella, speaking from New York, said on
financial broadcaster CNBC.
Vasella deflected questions about potential deals amid major
ones in the pharmaceutical industry such as Roche Holding AG's
(ROG.VX) $46.8 billion takeover of Genentech Inc. (DNA), pointing
to the purchase of an Alcon minority stake last April.
Broadcaster Web site: www.cnbc.com
-By Katharina Bart, Dow Jones Newswires; +41 43 443 8043;
katharina.bart@dowjones.com