| HBS Case Collection
(Revised from original 2004 version)
Mihir A. Desai, Vincent Dessain and Anders Sjoman
In response to a perceived undervaluation by the capital markets, Nestle is considering divesting a part of its ophthalmology subsidiary, Alcon, and must decide on a listing location. In the process, students are challenged to wrestle with the valuation of a conglomerate, the tradeoffs involved in listing in the United States versus Europe, and the incentive and tax consequences of that listing decision.
Keywords: Business Conglomerates;
Food and Beverage Industry;
Desai, Mihir A., Vincent Dessain, and Anders Sjoman. "Nestle and Alcon--The Value of a Listing." Harvard Business School Case 205-056, April 2006. (Revised from original December 2004 version.)
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| National Tax Journal
Tax Policy and the Efficiency of U.S. Direct Investment Abroad
Mihir A. Desai, C. Fritz Foley and James R. Hines Jr.
Foreign Direct Investment;
Financing and Loans;
| Harvard Business Review
A Better Way to Tax U.S. Businesses
Trade Credit and Taxes
Mihir Desai, C. Fritz Foley and James R. Hines Jr.
Multinational Firms and Management;
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