Contact lens maker Bausch + Lomb rules out take-private deal (updated)

Bausch Health Companies

06/02/2025 12:27

(Adds background in paragraph 2, details in paragraphs 3 and 4)
       Feb 6 (Reuters) - Bausch + Lomb  BLCO.TO  will not be
taken private at this time, the contact lens maker said on
Thursday.
    In December, the company said it was exploring a potential
sale and other options that would help its Canadian parent
Bausch Health  BHC.TO  to exit the eye-care company.
    The contact lens maker said on Thursday taking the company
private with a third-party buyer was one of several options
being explored to complete a full separation from the parent
company.
    However, after engagement with potential buyers, such a deal
will not happen at this time, it said.
    

 (Reporting by Sriparna Roy in Bengaluru; Editing by Shinjini
Ganguli and Devika Syamnath)
 ((Sriparna.Roy@thomsonreuters.com;))