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Abbott Laboratories says it will create a new company for its nutrition business.

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Abbott plans to separate its global nutrition business into a public company. The plan could let Abbott focus on other businesses, but it would also separate a business Abbott owns, and the filing gives no timing or expected financial results.

ABT · Abbott Laboratories

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The AI's read

The plan could let Abbott focus on its other businesses. But Abbott would also separate a business it owns, and the filing gives no timing or expected financial results. This filing alone does not show whether the plan helps or hurts Abbott.

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