Bausch Health Cos. stated Thursday it plans to spin off its faster-growing eye-care business from its core pharmaceutical operations, disintegrating a company previous management had actually constructed through such acquisitions.
The eye-care unit, referred to as Bausch & Lomb, had $3.7 billion in revenue last year, compared with about $4.9 billion from the rest of the company.
The …
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source https://jobsearchtips.net/bausch-health-to-spin-off-eye-care-business/
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