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M&A News: TPG and Blackstone Could Eye Joint Bid for Bausch + Lomb (NYSE:BLCO)
Shares of contact lens supplier Bausch + Lomb ($BLCO) are surging in today’s trading amid news of a potential acquisition. According to an
TPG, Blackstone planning joint bid for contact lens supplier Bausch + Lomb, says FT
One Bloomberg estimate projected the sale to value Bausch + Lomb at over $13 billion, making the deal potentially one of the largest PE buyouts of 2024.
Bausch + Lomb Stock Pops as TPG, Blackstone Consider Joint Bid
Key Takeaways Bausch + Lomb shares surged Monday following reports Blackstone and TPG are considering teaming up to buy the eyecare company. A bid from Blackstone and TPG could reportedly value the company between $13 billion and $14 billion.
Bausch & Lomb gains amid report TPG, Blackstone working on joint bid
Bausch & Lomb (NYSE:BLCO) jumped 9% in premarket trading on a report that private equity firms TPG (TPG) and Blackstone (BX) are working on a joint bid for the eyecare company. Several other PE shops that have been considering an offer have dropped out,
Quad-City Times
1d
Decorative contact lenses can be dangerous for your eyes
Halloween, for many, means going all out to create the best costume and makeup. One popular Halloween accessory can be a ...
Zawya
20h
Xpanceo introduces new smart contact lens prototypes at GITEX Global 2024
XPANCEO aims to redefine the human-tech relationship by uniting all applications, health monitoring, and SuperVision features ...
The National on MSN
17h
Gitex 2024 health innovations: Contact lenses to detect blindness and robotic hands for social care
Some say our eyes are a window to the soul and one tech company is taking that notion further with next-generation contact ...
CNET
7d
Best Places to Buy Contact Lenses Online for 2024
Looking to get your
contact
lenses
without leaving your house? These are the best places to buy contacts while saving time and money. Nasha is a Managing Editor for
CNET
, overseeing our sleep ...
5d
The Cooper Companies: Winning Share In Contact Lens Markets
Cooper’s pricing power and cost optimization efforts are expected to drive margin expansion. Read why I reiterate a Buy ...
Kyodo News on MSN
3d
Sumitomo Life launches 1st eye insurance for contact lens users
Sumitomo Life Insurance Co. has launched an insurance policy specifically covering costs for treating eye conditions, ...
9h
8 Of The Best Budget-Friendly Motorcycle Goggles You Can Buy
Motorcycle goggles are an important safety feature for riding, but they can get expensive fast. Here are some of the best ...
4d
Two new tilt-shift lenses are coming for Canon, Nikon, Sony, Fujifilm and L-mount cameras
Venus Optics, maker of Laowa lenses, is expected to release a pair of new tilt-shift lenses on October 14. The Laowa FFII T/S ...
News Shooter
17h
FUJIFILM X-M5 Camera & X Series Lenses Announced
FUJIFILM has announced a new entry-level mirrorless hybrid called the X-M5 alongside a new pair of lenses, the XF 16-55mm f/2 ...
Impacts
4d
Can Canon Lenses Fit All Cameras? Understanding Compatibility and Options
When it comes to photography and videography, lenses are as crucial as the camera body itself. For Canon users, the question ...
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