Novartis Completes Divestment Of Stake In Consumer Healthcare JV - Quick Facts

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(RTTNews.com) - Novartis AG (NVS) announced the completion of the divestment to GlaxoSmithKline PLC of its 36.5 percent stake in a consumer healthcare joint venture for a total consideration of $13.0 billion.

The company said the divestment was completed in accordance with the terms of the transaction announced on March 27, 2018 and brings to an end Novartis' participation in the JV.

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