Bausch + Lomb Responds to Rumors of a Potential Sale
Friday, December 13 2024 | 09 h 17 min | News
Bausch + Lomb Corporation issued the following statement in response to a request from the Canadian Investment Regulatory Organization (CIRO):
“The Bausch + Lomb Board of Directors authorized management and its advisors to explore a potential sale, which is one of several options being explored to complete a full separation from Bausch Health Companies Inc. That process is ongoing, and there can be no assurance that it will result in a transaction.
“While the company normally would not comment on deal negotiations, CIRO requested confirmation of a potential sale process given stock volatility often associated with market rumors. Bausch + Lomb does not intend to provide additional detail until further disclosure is appropriate or necessary.”
Bausch + Lomb is traded on both the New York Stock Exchange and Toronto Stock Exchange.
Source: Bausch + Lomb
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