Bausch + Lomb's Majority Shareholder Signs Agreements with Key Investor Groups to Prevent Proxy Contests

Reuters

05-21

Bausch + Lomb's Majority Shareholder Signs Agreements with Key Investor Groups to Prevent Proxy Contests

Bausch + Lomb Corporation announced on May 19, 2025, that its majority shareholder, Bausch Health Companies Inc. (BHC), has entered into separate letter agreements with key shareholder groups, including the Icahn Group, the Paulson Group, and the Kavanagh Group. These agreements stipulate that if any group engages in specific actions, such as supporting proxy contests or acquiring significant shares, they must immediately resign from the boards of both BHC and Bausch + Lomb. Additionally, the Icahn Group has waived certain rights related to director appointments. While Bausch + Lomb is not a direct party to these agreements, BHC has committed to supporting management nominees from these groups, provided they refrain from engaging in specified actions. This announcement was detailed in BHC's Form 8-K filed on May 21, 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bausch + Lomb Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000950103-25-006266), on May 21, 2025, and is solely responsible for the information contained therein.

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While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bausch + Lomb Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000950103-25-006266), on May 21, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IEP","symbol_name":"伊坎企業","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250521:nNDLbd24mG:1","article_id":"2537398918","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2537398918","pubTimestamp":1747821694,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Bausch + Lomb Corporation announced on May 19, 2025, that its majority shareholder, Bausch Health Companies Inc. , has entered into separate letter agreements with key shareholder groups, including the Icahn Group, the Paulson Group, and the Kavanagh Group. 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