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Icl Group Ltd. shares fall 2.80% intraday as Broadwood opposes Alcon's acquisition of STAAR Surgical.
ByAinvest
Tuesday, Sep 2, 2025 10:24 am ET1min read
Icl Group Ltd. dropped 2.80% in intraday trading, with Broadwood Partners, the largest shareholder in STAAR Surgical, opposing Alcon's proposed acquisition of the company. Broadwood, which holds a 27.5% stake in STAAR, expressed disappointment with the offer, stating that it did not reflect STAAR's recent financial improvements and that the company's board chose to sell without pursuing an adequate sale process.
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