๐๐๐ญ๐จ๐๐๐ซ ๐๐๐ฐ๐ฌ ๐๐จ๐ฎ๐ง๐-๐๐ฉ ๐ October brought exciting developments in the eyecare...
๐๐๐ ๐๐ง๐ ๐๐ฅ๐๐๐ค๐ฌ๐ญ๐จ๐ง๐ ๐๐ฎ๐ซ๐ฌ๐ฎ๐ ๐๐จ๐ข๐ง๐ญ ๐๐ข๐ ๐๐จ๐ซ ๐๐๐ฎ๐ฌ๐๐ก + ๐๐จ๐ฆ๐
๐ค Private equity firms TPG and Blackstone are teaming up to make a joint bid for Bausch + Lomb, a major player in the eyecare industry. As of last Friday, Bausch + Lomb has an enterprise value, including debt, of approximately $11.5 billion. If successful, this deal could rank among the largest private equity buyouts of the year.
๐ This move comes amid tensions between shareholders and creditors of Bausch Health, the parent company that owns 88 percent of Bausch + Lomb. The acquisition aims to resolve these disputes and stabilize the company.
๐ With growing demand for innovative eyecare solutions, this collaboration highlights the increasing interest from private equity in the healthcare sector, particularly within niche markets like eyecare. Stakeholders will be closely watching how this bid develops in the coming weeks.
