Brief: Abbott Announces Its Intention To Separate Its Global Nutrition Business Into An Independent, Publicly Traded Company
BRIEF-Abbott Announces Its Intention To Separate Its Global Nutrition Business Into An Independent, Publicly Traded Company Oct 21 (Reuters) - Abbott Laboratories ABT.N:
ABBOTT ANNOUNCES ITS INTENTION TO SEPARATE ITS GLOBAL NUTRITION BUSINESS INTO AN INDEPENDENT, PUBLICLY TRADED COMPANY
ABBOTT - SEPARATION EXPECTED TO BE COMPLETED BY END OF 2027
ABBOTT - TO SEPARATE NUTRITION BUSINESS VIA TAX-FREE DISTRIBUTION TO SHAREHOLDERS
ABBOTT - EXPECTS ONE-TIME CHARGES RELATED TO DEAL BEFORE SEPARATION
ABBOTT - COMBINED DIVIDEND TO EQUAL ABBOTT'S DIVIDEND AT TIME OF SEPARATION
ABBOTT: PLANNED SEPARATION WILL NOT IMPACT ABBOTT'S GUIDANCE FOR 2026 OR GUIDANCE FOR 2027 THAT ABBOTT PLANS TO PROVIDE IN JANUARY
Source text: ID:nPn8nTh50a
Further company coverage: ABT.N
((Reuters.Briefs@thomsonreuters.com;))
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