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Friday, August 18, 2023

Novartis: Sandoz spinoff planned for October

 

  • Invitation to Novartis Extraordinary General Meeting on September 15, 2023, and Shareholder Information Brochure issued

  • Sandoz Listing Prospectus published

  • Proposed distribution of a dividend-in-kind of Sandoz shares to Novartis shareholders: one Sandoz share for every five Novartis shares and one Sandoz ADR for every five Novartis ADRs

  • Sandoz Spin-off planned to occur on or around October 4, 2023

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