Accounting woes sends Bausch & Lomb private
Acquired by Warburg Pincus for £1.85bn
The 154-year-old company said the private equity group had agreed to pay $65
This, the company said, was a 26% premium to the average price of the stock
over the 30-day period when rumours began circulating about a possible buyout.
The deal will see Warburg Pincus take on about $830m (£415m) of debt.