Alcon to Acquire Lensar for $430 Million

MT Newswires Live
24 Mar

Alcon (ALC) said Monday it is planning to acquire Lensar (LNSR) for a total consideration of about $430 million.

Under the terms of the deal, Alcon will purchase all outstanding shares of Lensar for $14 per share in cash, with an additional non-tradeable contingent value right offering up to $2.75 per share in cash, conditioned on the achievement of 614,000 cumulative procedures with Lensar's products between Jan. 1, 2026, and Dec. 31, 2027.

The acquisition includes the Ally Robotic Cataract Laser Treatment System, Streamline software technology, and Lensar's legacy laser system.

The transaction is expected to close in mid-to-late 2025.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10