It had formerly sought to spin off from parent Bausch Health in a stock-for-stock deal. But Bausch Health's lenders would apparently prefer a sale for cash. The stock is surging today on news the ...
Of note, Bausch + Lomb is the eye-care subsidiary of Bausch Health Companies, which was formerly known as Valeant Pharmaceuticals. Valeant got into trouble nearly a decade ago after using debt to ...
The company (BLCO), which was carved out of parent Bausch Health Cos. Inc. (BHC) in 2022, is working with Goldman Sachs to explore a deal and expects to draw interest from private equity firms ...