Tag Archives: Vas Narasimhan

Alcon Air – Novartis Unlocks The Cage And Alcon Has To Fend For Itself

A cross-country flight transporting a motley collection of violent and dangerous criminals? What could possibly go wrong? Nothing, until they take over the plane mid-air. Good thing Nicholas Cage is there. Oh, wait, that’s Con Air. Really, nothing to do with this morning’s completion of the Alcon (ALC) spinoff from Novartis (NVS), but it’s making us giggle. Go… Read More »

Novartis Still Thinking Alcon Spinoff…In 2019

Earlier this year Novartis (NVS) CEO Joe Jimenez said the company was considering a sale or a spinoff of Alcon, its surgical equipment and eye care business. The company paid a hefty penny (actually ~$50b worth of pennies) to acquire the business back in 2010, but as with a lot of M&A, things haven’t gone as planned. Many… Read More »