New Novartis AG Chairman Reviews Portfolio, Fueling Speculation That Company May be Splitting Up
Published: Sep 24, 2013
Novartis may take a leaf out of its past deal-book as the Swiss drugmaker conducts a review into some of its underperforming businesses, a board member said.
New chairman Joerg Reinhardt has launched a review of the drugmaker's portfolio fanning speculation that some of the company's smaller units could be sold, spun-off or integrated into other divisions.
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