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Staar Surgical adjourns vote on acquisition by Alcon

Published by Global Banking & Finance Review

Posted on October 23, 2025

1 min read

· Last updated: January 21, 2026

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Staar Surgical adjourns vote on acquisition by Alcon
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(Reuters) -Staar Surgical has adjourned its shareholder vote on Swiss eyecare giant Alcon's $1.5 billion takeover offer until November 6, the company said on Thursday. The delay comes amid opposing

Staar Surgical adjourns vote on acquisition by Alcon

Staar Surgical's Acquisition Vote Delay

(Reuters) -Staar Surgical has adjourned its shareholder vote on Swiss eyecare giant Alcon's $1.5 billion takeover offer until November 6, the company said on Thursday.

Details of the Acquisition Offer

The delay comes amid opposing campaigns between Staar's board and key investors, led by Broadwood Partners which owns 27.5%. Opposing shareholders argue that the deal undervalues the business and reflects a flawed sale process.

Investor Reactions and Concerns

(Reporting by Maria Rugamer; Editing by Matt Scuffham)

Key Takeaways

  • Staar Surgical delays shareholder vote on Alcon's acquisition.
  • Broadwood Partners leads opposition, owning 27.5% of shares.
  • Opposing shareholders claim the deal undervalues Staar.
  • The vote is rescheduled for November 6.
  • The acquisition offer is valued at $1.5 billion.

Frequently Asked Questions

What is an acquisition?
An acquisition is a corporate action in which one company purchases most or all of another company's shares to gain control of that company.
What is corporate governance?
Corporate governance refers to the systems, principles, and processes by which a company is directed and controlled, ensuring accountability and transparency in its operations.
What are valuations?
Valuations are assessments of the worth or value of a company, asset, or investment, often used in mergers and acquisitions to determine fair pricing.
What is a takeover offer?
A takeover offer is a proposal made by one company to purchase another company, usually at a specified price per share, often to gain control over the target company.

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