BHC Stock Up as Solta Acquires Shibo's Aesthetics Distribution Business

Key Takeaways Bausch Health shares rose after Solta Medical acquired Wuhan Shibo Zhenmei.The deal gives Solta full control of its China distribution for devices like Thermage FLX.The acquisition aims to boost Solta's regional revenues, market position and efficiency.Shares of Bausch Health, Inc. (BHC) have gained 11% after the company announced the acquisition of Wuhan Shibo Zhenmei Technology Co., Ltd.Bausch Health’s aesthetics business, Solta Medical, acquired Wuhan Shibo Zhenmei Technology, consisting of ...