August 5, 2025|
AI
|4 months agoAlcon's $1.5 Billion Acquisition Reshapes Eye Care Market
Geneva-based Alcon announces major expansion with $1.5 billion acquisition of US company Staar, strengthening its position in implantable lens market.
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Generated IllustrationKey Takeaways
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- Alcon has announced the acquisition of US company Staar for approximately $1.5 billion.
- Alcon is offering $28 in cash per Staar share.
- The offer price represents a 59% premium over the 3-month average price.
- The offer price is 51% above the previous day's closing price.
- The transaction is expected to close within six to twelve months.
By The Numbers
$1.5 billion
Total Deal Value
$28
Price Per Share
59%
Premium over 3-month average
51%
Premium over previous day
They Said
"The Boards of Directors of Alcon and Staar have each unanimously approved the transaction."
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