Nestle’s Alcon IPO raises US$2.3bn – Company News

Nestle’s Alcon IPO raises US$2.3bn – Company News – Brief Article

Swiss food and beverage giant Nestle has raised some US$2.3bn (2.6bn [euro]) from its initial public offering (IPO) of its Alcon eyecare business in the US.

The shares snapped up represent 23.25% of Alcon, with Nestle holding onto a commanding 76.75% interest in Alcon.

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