Elite Manhattan firms Wachtell Lipton Rosen & Katz and Cleary Gottlieb Steen & Hamilton have bagged the lead roles on Warburg Pincus’ $4.5bn (£2.3bn) acquisition of opticians Bausch & Lomb.

Cleary advised the buyer, with M&A partners Robert Davis and David Leinwand spearheading the New York-based team alongside finance partner Meme Stowers.