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Abbott To Separate Its Nutrition Business Into Publicly Traded Company

Source: Nasdaq

M&A & RestructuringManagement & GovernanceCompany Fundamentals

Abbott announced its intention to separate its Nutrition business into an independent, publicly traded company. Daniel Salvadori, currently executive vice president and group president of Established Pharmaceuticals and Nutritional Products, will become the new company's CEO; the article provides no financial terms or timeline.

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