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All 'Bye' Itself: Alcon Spins Out From Novartis In $25Bn Stock Listing

Executive Summary

Alcon is going it alone following a spin-out from Swiss pharma giant Novartis. The eye-care device business officially listed on the SIX Stock Exchange on April 9 with a total market capitalization of around $28bn, making it Switzerland's biggest stock deal in a decade. 

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