U.S. healthcare group Danaher Corp (DHR.N) is to buy Nobel Biocare Holding AG (NOBN.S) for an agreed $2.2 billion to become the world's biggest player in a dental implants market benefiting from growing demand for cosmetic dentistry.
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Novartis (NOVN.VX) kept pay for its Chief Executive Joe Jimenez steady, after cutting it last year before a Swiss vote to force companies to accept shareholder limits on executive rewards.
Nestle (NESN.VX) wants to keep its options open for its stake in cosmetics firm L'Oreal (OREP.PA) and will not extend a purchase contract with France's Bettencourt family, the food group's chairman told a Swiss newspaper.