Pharma BD Deal Intelligence

Novartis AG / Alcon Inc.

2010 · Acquisition/Merger · $51.6B · Complete

Announcement Sentiment
60
Positive
Outcome Score
33
Underwhelmed — fell short of the thesis.

Novartis completed its full acquisition of Alcon for approximately $51.6 billion across multiple stages, having first acquired a 25% stake from Nestle in 2008, then the remaining 52% Nestle stake in 2010, and finally merging in the 23% minority shares in 2011, creating the global leader in eye care.

Key facts

See the full interactive analysis, sources & comparables →