From Dealroom · · 40s
Bausch + Lomb Buys MID Labs
Bausch + Lomb acquires ophthalmic surgical instruments firm MID Labs from Hoya.
In brief
Bausch + Lomb acquires ophthalmic surgical instruments firm MID Labs from Hoya. Bausch + Lomb purchases MID Labs, a maker of ophthalmic surgical instruments, from Hoya for 3,648,539 shares. Originally reported by Dealroom.
Hoya sells MID Labs stake
Hoya agreed to sell its entire stake in Medical Instrument Development Laboratories to Bausch + Lomb.
3,648,539 shares transfer
The sale covers all 3,648,539 shares Hoya holds in the unit, with closing scheduled for November 2.
MID Labs joins Bausch + Lomb
The deal hands MID Labs, a maker of ophthalmic surgical instruments, to Bausch + Lomb, one of the largest eye-health companies.
The short version
Bausch + Lomb purchases MID Labs, a maker of ophthalmic surgical instruments, from Hoya for 3,648,539 shares.
