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Bausch & Lomb is up for sale

Posted at: 01/04/2013 8:26 AM
Updated at: 01/04/2013 5:18 PM

Bausch and Lomb is up for sale and the interested bidders are getting access to the eye-care company that could lead to a buy-out.

Abbott Laboratories, Johnson and Johnson are on the list.

The current owner is equity investment firm Warburg Pincus, which is asking at least $10-billion for B&L.

OIfficials started contacting prospective bidders right before Christmas with a goal of having first-round bids by month's end.