Shares of contact lens supplier Bausch + Lomb (BLCO) are surging in today’s trading amid news of a potential acquisition. According to an exclusive Financial Times report, private equity giants ...

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Global contact lens supplier Bausch + Lomb (BLCO +7%) is seeing significant gains today after FT.com reported that private equity firms TPG and Blackstone (BX) are mulling a joint bid for the company.

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Private equity players TPG and Blackstone are planning a joint bid for Canadian contact lens supplier Bausch + Lomb, Financial Times reported on October 14 citing people familiar with the matter.