Abbott announces its intention to separate its global Nutrition business into an independent, publicly traded company

{
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  "signal_type": "news",
  "signal_subtype": "promotes",
  "detected_at": "2026-10-21T11:25:00+00:00",
  "company": {
    "name": "Abbott",
    "domain": "abbott.com"
  },
  "data": {
    "url": "https://www.prnewswire.com/news-releases/abbott-announces-its-intention-to-separate-its-global-nutrition-business-into-an-independent-publicly-traded-company-302915339.html",
    "title": "Abbott announces its intention to separate its global Nutrition business into an independent, publicly traded company",
    "ticker": "NYSE:ABT",
    "contact": "Daniel Salvadori",
    "excerpt": "ABBOTT PARK, Ill. , Oct. 21, 2026 /PRNewswire/ -- Abbott (NYSE: ABT ), the global healthcare leader, today announced its intention to separate its Nutrition business into an independent, publicly traded company that will be a global leader in the rapidly expanding healthy nutrition market with approximately $8.5 billion in annual sales and a portfolio of iconic brands. \"As we continue to shape Abbott for the future, this separation will benefit both companies, setting each one up for maximum success in its respective market,\" said Robert B. Ford, chairman and chief executive officer, Abbott. \"Our Nutrition business has a unique opportunity to capitalize on the growing demand for healthy nutrition, and it will be better positioned as an independent company to more effectively direct its strategic resources across its priorities. At the same time, Abbott's core higher-growth, innovation-driven portfolio of medical devices, diagnostics and established medicines has compelling growth opportunities to improve the health and lives of people around the world.\" With different investment identities and requirements, growth profiles, and innovation cycles, both companies will benefit from resource and capital allocation strategies aligned to their distinct business models. Nutrition: A leading healthy nutrition company The Nutrition company will be a global leader in healthy nutrition...",
    "summary": "Daniel Salvadori will become chief executive officer of the newly separated Nutrition company.",
    "location": "Abbott Park, Illinois, United States",
    "planning": true,
    "image_url": "https://mma.prnewswire.com/media/2761216/Abbott_New_Logo.jpg?p=facebook",
    "job_title": "chief executive officer",
    "confidence": 0.95,
    "published_at": "2026-10-21T11:25:00Z",
    "location_data": [
      {
        "city": "Abbott Park",
        "state": "Illinois",
        "region": "Northern America",
        "country": "United States",
        "continent": "Americas",
        "fuzzy_match": false
      }
    ],
    "job_title_tags": [
      "directors",
      "management"
    ],
    "article_sentence": "Daniel Salvadori, executive vice president and group president, Established Pharmaceuticals and Nutritional Products, will become chief executive officer of the new Nutrition company."
  }
}

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  -H "X-API-KEY: $AUTOBOUND_API_KEY" \
  -H "Content-Type: application/json" \
  -d '{"domain":"abbott.com","limit":20}'