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July 6, 2007
Bid battle erupts over Bausch & Lomb
...and the recall of products that were linked to...smaller rival based in California, a purchase of Bausch & Lomb could deliver significant...the addition of new products such as contact lenses. One concern...Advanced Medical and Bausch & Lomb are both top makers of contact lens solution, even though they have both faced losses in market share. Warburg... By James Politi in New York
July 6, 2007
Fight for Bausch & Lomb ignited by Advanced Medical Optics bid
...and the recall of products linked to an infection...smaller rival based in California, a purchase of Bausch & Lomb could deliver significant...the addition of new products such as contact lenses. One concern...Advanced Medical and Bausch & Lomb are both leading makers of contact lens solution, even though they have both faced losses in market share. Warburg... By James Politi in New York
September 4, 2009
Bausch & Lomb to axe 500 jobs in closure
...broader global effort to reinvest in our business, including increasing professional and consumer contact lens demand worldwide,” he said. Bausch & Lomb said it had reviewed several factors in selecting the Ireland and US sites...Enterprise, the development body. Bausch & Lomb acquired Award, a Livingston-based contact lens manufacturer, in 1996, when it employed about 100... By Andrew Bolger, Scotland Correspondent
August 1, 2007
AMO drops $4bn Bausch & Lomb bid
...need to approve the deal. Bausch & Lomb shares fell a further 2.2 per cent...at $30.55. AMO, which is based in California, had touted the deal as...savings as well as add a range of new products. However, one concern surrounding...antitrust regulators, since both AMO and Bausch & Lomb are leading makers of contact lens solutions. Both had been tackling the...however. ValueAct’s involvement in the takeover battle over Bausch & Lomb... By James Politi in New York
July 11, 2007
Bausch & Lomb bid suffers blow
...ValueAct, which owns a 14.7 per stake in AMO, said the company should focus...acquisitions and improving its existing contact lens solutions business rather than bid for Bausch & Lomb. “We want you to prove to your shareholders...Medical’s bid, worth $75 per share in cash and stock, was surprising because...Lomb as a way to expand into new products, such as contact lenses, and extract cost savings out... By James Politi in New York
May 16, 2007
Bausch & Lomb agrees to $4.5bn takeover
Bausch & Lomb, the troubled maker of contact lenses and solutions, said it had...group about a year after it withdrew products after they were linked to an infection...Pincus, the buy-out firm, to take Bausch & Lomb private will allow the company to restructure...rumours of a buy-out began to leak out in late April. Shares in Bausch & Lomb...forced in May last year to withdrawal a contact lens cleaner, called Renu with MoistureLoc... By Daniel Pimlott in New York
July 12, 2007
ValueAct denies Bausch & Lomb u-turn
...criticised AMO’s bid for Bausch & Lomb, which was tabled last week, for been...firm, which is also a big shareholder in Reuters and is supporting the merger...acquisitions and improving its existing contact lens solutions business. AMO declined to comment...non-disclosure agreement with Bausch & Lomb that prohibits [it] from commenting...savings and would allow AMO to offer more products to its customers. Bausch & Lomb shares...Warburg is offering $65 per share in cash, while AMO is offering a mix... By James Politi in New York
August 2, 2007
AMO drops $4bn offer to buy Bausch & Lomb
...need to approve the deal. Bausch & Lomb shares fell a further 2.2 per cent...at $30.55. AMO, which is based in California, had touted the deal as...savings as well as add a range of new products. However, one concern surrounding...antitrust regulators, since both AMO and Bausch & Lomb are leading makers of contact lens solutions. Both had been tackling...however. ValueAct's involvement in the takeover battle over Bausch & Lomb... By James Politi in New York
September 14, 2007
Proxy advisers back Bausch & Lomb bid
...news means it is much more likely that Bausch & Lomb shareholders will next week vote to approve...of the world’s leading makers of contact lens solutions into private hands. The fate of Bausch & Lomb was uncertain for several months after...and stock bid. AMO withdrew its offer in August after ValueAct, one of the company... By James Politi in New York
July 12, 2007
Bausch & Lomb bid suffers blow
...ValueAct, which owns a 14.7 per stake in AMO, said the company should focus...acquisitions and improving its existing contact lens solutions business rather than bid for Bausch & Lomb. "We want you to prove to your shareholders...Medical's bid, worth $75 per share in cash and stock, was surprising because...Lomb as a way to expand into new products, such as contact lenses, and extract cost savings out... By James Politiin New York