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Novartis mulls options including spinoff, IPO for Alcon unit

Thursday, January 26, 2017 - 05:50

London

NOVARTIS AG proposed buying back US$5 billion of shares and said it's considering separating its embattled eye-care division after projecting that sales this year at Europe's second-biggest drugmaker will likely be largely unchanged from 2016.

Earnings, excluding some

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