Alcon, Inc. (Jobs)Says Germany Approves Its WaveLight Offer

HUENENBERG, Switzerland--(BUSINESS WIRE)--Alcon, Inc. (NYSE:ACL - News) announced today that the German Federal Financial Supervisory Authority (BaFin) has approved publication of the company's tender offer document for WaveLight AG (ISIN DE: 000 512 5603) and Alcon has published the offer document at www.alconrefractiveacq.de. The tender offer acceptance period begins on August 13 and will conclude on September 11, 2007. Alcon, which owns on a settled basis or has contractual commitments for approximately 16 percent of WaveLight's issued shares, intends to increase its current stake to at least 75 percent through the tender offer process.