Market Chatter: Banks, Equity Firms Vying to Fund Potential Bausch + Lomb Buyout Deal

MT Newswires Live10-22

Bausch + Lomb (BLCO) is considering a potential buyout offer, with banks and private credit companies contending to provide at least $5 billion in debt financing for the deal, Bloomberg reported Monday, citing sources familiar with the matter.

The potential acquisition could value Bausch Lomb at $10 billion or more, including its debt, the media outlet reported.

Private equity firms TPG (TPG) and Blackstone (BX) are reportedly working together on a joint bid to purchase the eye care firm.

Bausch + Lomb, TPG and Blackstone did not immediately respond to requests for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 20.62, Change: -0.01, Percent Change: -0.05

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment