Aug 5 (Reuters) - ALCON AG:

* ALCON AGREES TO ACQUIRE STAAR SURGICAL

* ALCON AG - TO PURCHASE ALL OUTSTANDING SHARES OF STAAR FOR

$28

PER SHARE IN CASH, VALUINGSTAAR AT APPROXIMATELY $1.5 BILLION IN

EQUITY VALUE

* ALCON AG - ACQUISITION OF STAAR IS COMPLEMENTARY TO

ALCON'S

LASER VISION CORRECTION BUSINESS AND IS EXPECTED TO BE ACCRETIVE

IN YEAR TWO

* ALCON AG - OFFER REPRESENTS 59% PREMIUM TO STAAR'S 90-DAY

VWAP

* ALCON AG - BOARDS OF ALCON AND STAAR UNANIMOUSLY APPROVE

DEAL

* ALCON AG - TRANSACTION REPRESENTS A TOTAL EQUITY VALUE OF

APPROXIMATELY $1.5 BILLION

* ALCON AG - TRANSACTION IS NOT SUBJECT TO A FINANCING

CONDITION

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(Gdansk Newsroom)