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.)
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