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Article: Deals roundup.
- Article from:
- Medical Device Daily
- Article date:
- November 7, 2003
CopyrightCOPYRIGHT 2003 A Thomson Healthcare Company. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Deals roundup
Alcon completes sale to AMO; FischerHealth being acquired
A Medical Device Daily Staff Report
Alcons (Fort Worth, Texas) wholly owned subsidiary, Alcon CUSI, S.A. (Hunenberg, Switzerland), reported completing the sale of its contact lens care solutions manufacturing facility in Madrid, Spain, to AMO Manufacturing Spain S.L., a wholly owned subsidiary of Advanced Medical Optics (AMO; Santa Ana, California) for about $22 million.
Alcon will realize a pre-tax gain of about $8 million from the sale, which has been incorporated into the companys prior earnings guidance for 4Q03.
AMO said it has committed to employ the ...