AMO makes a move on B&L

Article

Advanced Medical Optics (AMO) has submitted a proposal to acquire Bausch & Lomb for $75 per share in cash and AMO stock.

Advanced Medical Optics (AMO) has submitted a proposal to acquire Bausch & Lomb for $75 per share in cash and AMO stock.

Bausch & Lomb has already entered into a merger agreement process with the private equity firm Warburg Pincus, valued at $4.5 billion. Under the terms of the agreement, Bausch & Lomb was permitted a 50 day period to solicit superior proposals. However, if a better agreement was reached, they are obligated to pay a break-up fee of $40 million to Warburg Pincus.

The AMO proposal values Bausch & Lomb at approximately $4.3 billion in equity value.

In a letter issued on 24 July, however, Bausch & Lomb said it was likely to reject AMO's takeover bid unless AMO could provide evidence that its shareholders will approve the deal.

Newsletter

Get the essential updates shaping the future of pharma manufacturing and compliance—subscribe today to Pharmaceutical Technology and never miss a breakthrough.

Recent Videos
Jeremiah Tao, MD, FACS, discusses his Egyptian Ophthalmological Society keynote, which focused on risk management and avoiding surgical complications in oculofacial surgery
Omer Trivizki, MD, MBA, a retina specialist from Tel Aviv Medical Center, speaks about VOY-101, a Novel, Complement-Modulating Gene Therapy for Geographic Atrophy at the American Society of Retina Specialists (ASRS) Annual Meeting
João Pedro Marques, MD, MSc, PhD discusses a retrospective study of 800 patients with inherited retinal diseases during the American Society of Retina Specialists (ASRS) annual meeting
© 2025 MJH Life Sciences

All rights reserved.