Bausch & Lomb To Buy Chiron Vision
- Bausch & Lomb is buying Chiron's ophthalmic products unit for $300million in cash, in an effort to expand in the $25 billion global eyecare market, and noted that the acquisition of Chiron Vision Corp will not affect its 1998 earnings. The transaction is expected to be completed early next year. Chiron Vision had sales of $211 million in 1996.
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