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Bausch Health says Carl Icahn has economic interest in co, shares rise

ReutersApr 22, 2025 12:39 PM

U.S.-listed shares of drugmaker Bausch Health BHC.N BHC.TO rise 14% to $5.38 premarket

Company says billionaire investor Carl Icahn has an economic interest covering about 34% of the company's outstanding shares

Company says Icahn and his affiliates had entered into equity swap agreements that cover 90.7 million shares, or 24.6% of its common shares - filing

As of last close, BHC has fallen 44% YTD

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