Home / Earnings / Bausch Health to spin off Bausch & Lomb (access required)

Bausch Health to spin off Bausch & Lomb (access required)

Company reports Q2 sales drop, net loss of $326 million

Bausch Health Cos. Inc. plans to spin off Rochester-based Bausch & Lomb Inc. into an independent publicly traded entity as Bausch & Lomb – NewCo. Shares of company stock (NYSE: BHC) soared 28 percent before the opening bell Thursday and were trading up 10 percent mid-morning. The move will establish two separate companies that include a ...

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Bausch Health Cos. Inc. plans to spin off Rochester-based Bausch & Lomb Inc. into an independent publicly traded entity as ...