ADQ to Acquire Amoun Pharmaceutical from Bausch Health for ~$740M
Shots:
- ADQ to acquire all the outstanding shares of Amoun Pharmaceutical from Bausch Health for ~$740M. The transaction is expected to close in H1’21
- The divestiture is part of its planned separation of Bausch & Lomb eye-care division
- The sale of Amoun marks important progress to reduce overall Bausch Health debt and plans to prepare for the spinoff of Bausch + Lomb
Ref: PRNewswire | Image: Financial Post
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