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(Bloomberg) — Bausch Well being Cos. has suspended plans for an original public offering of its Solta Health-related pores and skin-treatment organization, a thirty day period and 50 % immediately after the spinoff of another device fell quick of its fundraising ambitions.

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With its have inventory battered this 12 months amid volatility and inflation fears, Bausch Health explained in a assertion Thursday that it decided to suspend its Solta ideas “in gentle of difficult market ailments and other things.” The company explained the interests of its stakeholders are finest served in the in close proximity to-term

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