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Nestle's Alcon buys ophthalmic laser manufacturer, Summit
28 Jun 2000
Executive Summary
Nestle's ophthalmic subsidiary Alcon agreed to acquire ophthalmic laser system developer Summit Autonomous for $19 per share in cash, or about $967mm. The price paid is a (pr)55% premium to the market average.
Deal Industry
- Medical Devices
-
Medical Devices
- Laser
Deal Status
- Final
Deal Type
-
Acquisition
- Full Acquisition
- Includes Contract
- Payment Includes Cash
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Nestle's Alcon buys ophthalmic laser manufacturer, Summit
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