Bausch + Lomb said it authorized management and advisers to explore a potential sale of the eye health company after shares dropped over reports of faltering deal talks with a group of private equity firms. The company said a sale was “one of several options being explored to complete a full separation from Bausch Health Companies Inc.,” in a statement on Thursday. “That process is ongoing, and there can be no assurance that it will result in a transaction.”
Read the full article: Bausch + Lomb Confirms It Is Exploring a Potential Sale //
Source: https://news.bloomberglaw.com/bankruptcy-law/bausch-lomb-confirms-it-is-exploring-a-potential-sale