Showing posts with label Warburg Pincus. Show all posts
Showing posts with label Warburg Pincus. Show all posts

Monday, July 30, 2007

Bausch & Lomb allows rival bidder to show info

(Reuters) - NEW YORK, July 30 - Eye-care products group Bausch & Lomb Inc. said on Monday it has agreed to allow rival Advanced Medical Optics Inc. to provide certain information about its $4.23 billion takeover offer to some of Advanced Medical's large shareholders.



Advanced Medical wants to wrest Bausch & Lomb away from its existing agreement to be acquired by private equity firm Warburg Pincus for $3.67 billion.


Read more at Reuters.com Government Filings News

Tuesday, July 17, 2007

UPDATE 1-Sherwin, PPG among suitors for SigmaKalon -sources

(Reuters) - Among the likely bidders are Sherwin-Williams Co. ,
the largest U.S. paint maker, and rival PPG Industries ,
the sources said.




Private equity firms Warburg Pincus [WP.UL], PAI, BC
Partners and LBO France are also planning to bid, they added.


Read more at Reuters.com Mergers News

Friday, July 6, 2007

US STOCKS-Futures little changed, June payrolls loom

(Reuters) - NEW YORK, July 6 - Wall Street was poised to open
little changed on Friday before a key employment report that
could shed light on the economy and the profit outlook.




In deal news, Advanced Medical Optics Inc. offered
to buy larger eye-care company Bausch & Lomb Inc. for
$4.23 billion, topping a rival offer of $3.67 billion from
private equity firm Warburg Pincus [WP.UL], the two companies
said late on Thursday. For details, see [ID:nN05385353].


Read more at Reuters.com Bonds News

Stock futures flat before payrolls, Bausch & Lomb up

(Reuters) - In deal news, Advanced Medical Optics Inc. offered to buy larger eye-care company Bausch & Lomb Inc. for $4.23 billion, topping a rival offer of $3.67 billion from private equity firm Warburg Pincus , the two companies said late on Thursday.




Bausch & Lomb's stock gained 7.2 percent in Europe, while Advanced Medical Optics' shares rose 1.5 percent.


Read more at Reuters.com Business News

Thursday, May 24, 2007

Advanced Medical mulls Bausch & Lomb bid

(Reuters) - Bausch & Lomb declined to comment.




Bausch & Lomb agreed last week to be acquired by Warburg Pincus for about $3.67 billion. Bausch & Lomb, however, had the right to solicit other offers during the next 50 days.


Read more at Reuters.com Business News