Bausch + Lomb Stock Jumps Amid Reports Of A Sale
BLCOBausch + Lomb (BLCO) Investopedia·2024-09-17 01:16

Key TakeawaysBausch + Lomb is discussing a possible sale that would separate it from its parent company, Bausch Health Cos.Bausch Health is saddled with debt of 21billion,nearly21 billion, nearly 10 billion of which is set to mature in 2027.In July, Bausch Health pushed back against a research firm's report that said it was mulling bankruptcy options. Bausch + Lomb (BLCO) shares popped Monday following a report that the eyecare company is considering a sale. The contact lens producer is working with Goldman Sachs (GS) on ...