Fierce Biotech1 min read
saveAbbott to separate Nutrition business into independent publicly traded company
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Abbott announced it will separate its Nutrition business into a stand-alone publicly traded company.
The spin‑off will be carried out via a tax‑free distribution of the new company's shares to Abbott shareholders.
The restructuring creates a focused Nutrition entity while allowing shareholders to retain ownership of both businesses.
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This writeup was produced by pharmadog from original reporting by Fierce Biotech.
Original headline: “Abbott to separate Nutrition business into an independent, publicly traded company”
read at Fierce Biotech ↗569 words · retrieved 32m ago
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