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In Brief: Bausch & Lomb

This article was originally published in The Gray Sheet

Executive Summary

Bausch & Lomb: Completes $300 mil. cash acquisition of Chiron Vision from Chiron Corp. Plans for the purchase, which gives B&L entry into the refractive laser surgery market, were first announced in October ("The Gray Sheet" Oct. 27, p. 3). Chiron Vision will become part of B&L's new surgical business unit. The completion of B&L's related acquisition of Storz Instrument from parent company American Home Products for $380 mil. in cash was announced Dec. 31...
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