Warburg Pincus in Acquisition of Bausch & Lomb

May 16, 2007

Cleary Gottlieb is representing Warburg Pincus LLC in its proposed $4.5 billion acquisition of Bausch & Lomb, Incorporated, a vision care provider. The transaction was announced on May 16 and is expected to close in the second half of 2007.

Warburg Pincus is a leading global private equity firm with approximately $20 billion under management. Bausch & Lomb was founded in 1853 and is one of the best known healthcare brands in the world.