Abbott To Spin Off Nutrition Business Into Independent Public Company With $8.5B In Annual Sales; Separation Expected To Be Completed By 2027 End
Separation will unlock potential of both companies to pursue distinct growth and value-creation strategiesThe new Nutrition company will be a global leader in the rapidly growing healthy nutrition market, with a
Abbott is splitting its nutrition business into its own company by 2027. This means each company can focus on what it does best and grow separately.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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