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Novartis shareholders approve the proposed 100% Spin-off of Sandoz

At an Extraordinary General Meeting held today, Novartis shareholders approved the proposed 100% Spin-off of Sandoz, the Generics and Biosimilars business of Novartis. Shareholders also approved an ordinary capital decrease of the share capital of Novartis AG in the amount of the share capital of Sandoz. This is to achieve tax neutrality of the Spin-off for Swiss withholding tax purposes and for income tax purposes for Swiss domiciled shareholders holding the shares as private assets. ....

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Novartis shareholders approve the proposed 100% Spin-off of Sandoz

Shareholders approve the proposed 100% Spin-off of Sandoz, the Generics and Biosimilars business of NovartisShareholders also approve a reduction of share capital in connection with the Spin-off. ....

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Novartis Pharma AG: Novartis shareholders approve the proposed 100% Spin-off of Sandoz

Novartis Pharma AG: Novartis shareholders approve the proposed 100% Spin-off of Sandoz
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Sandoz publishes supplement to Listing Prospectus including Sandoz H1 2023 financial statements

Sandoz publishes supplement to Listing Prospectus including Sandoz H1 2023 financial statements
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Novartis issues EGM Invitation and Shareholder Information Brochure. Sandoz publishes Listing Prospectus ahead of proposed Spin-off vote

Novartis issues EGM Invitation and Shareholder Information Brochure. Sandoz publishes Listing Prospectus ahead of proposed Spin-off vote
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