STAAR Surgical climbs after Alcon announces amended merger deal

STAAR Surgical

09/12/2025 13:45

** Shares of medical device maker STAAR Surgical STAA.O rise 10.4% to $25.6 premarket

** Swiss eye-care firm Alcon ALCC.S says it has entered into an amended merger agreement to acquire STAAR Surgical Company

** Under the amended agreement, Alcon will purchase all outstanding shares of STAAR for $30.75 per share in cash

** Alcon says the deal represents a total equity value of about $1.6 billion

** Deal is anticipated to close in early 2026

** Alcon expects the transaction to be accretive to earnings in year two

** Up to last close, STAA was down 3.1% YTD

 (Reporting by Siddhi Mahatole)

 ((siddhi.mahatole@thomsonreuters.com))