Eyecare company Bausch + Lomb is offering 35 million shares priced at $21 to $24 each. 350,000 shares are expected to be outstanding after the initial public offering.
The U.S. initial public offering market is bracing for what is expected to be the second-biggest deal of the year so far this week, that of eyecare company Bausch + Lomb, which is expected to raise up to $840 million at a valuation of more than $8 billion.
” While it faces significant competition from other brands and generic products, the company is highly profitable with strong cash flow, and it has global brand awareness of more than 70%,” said Renaissance Capital, a provider of IPO exchange-traded funds and institutional research in commentary. “Our mission is simple, yet powerful: helping you see better, to live better,” says the prospectus summary.
See: IPO market outlook is ‘foggy’ heading into second quarter as falling returns at year-end and war in Europe dampens risk appetite That growth will be driven by factors including an aging global population, the rapid growth of a middle class in emerging markets, the increasing prevalence of diabetes and improving access to medical practitioners, among others.
Austin Gold is a miner with properties in Nevada that is seeking to raise $13 million to fund exploration activities.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Their Medical Bills Were Getting Too High in US, So They Went to Mexico for CareMillions of U.S. citizens cross the Southern border each year to flee expensive care, even with health insurance.
Read more »
New Zealand welcomes back tourists from US and dozens of other countries after 2-year hiatusNew Zealand has begun welcoming back tourists from the U.S., Canada, Britain, Japan and more than 50 other countries for the first time in more than two years.
Read more »
12 new Dutch Bros. locations to open in SA. Here’s when and where to expect them.ICYMI: Adding to the five locations already operating in San Antonio, the brand closed deals on a dozen additional locations that are set to open over the next two years.
Read more »
Drivers, beware. In these states it's legal for property owners to get 'kickbacks' when they ask tow companies to haul away cars, consumer group saysProperty owners who call tow companies sometimes get financial kickbacks from those companies, says a new report from consumer advocacy group U.S. PIRG.
Read more »
Seattle Public Schools keep First Student bus service despite hundreds of violationsEven after state regulators found more than 600 safety and procedural violations by school bus service First Student in the past two years, the Seattle school district has decided to extend its contract with the company.
Read more »