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Bausch & Lomb prices IPO below target

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Eyecare company Bausch & Lomb priced its initial public offering below its target range.

The company on Thursday announced it would sell shares at $18, below its previous target of $21 to $24 per share.

Bausch & Lomb in 2021 had revenue of $3.8 billion, a 10% increase from 2020.

Read more from the Financial Times.

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