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Sanofi Finalizes Sale Of Dermik To Valeant Pharmaceuticals

PARIS -(Dow Jones)- French drug company Sanofi-Aventis (SAN.FR) announced Monday the finalization of the sale of its Canadian dermatology business, Dermik, to Valeant Pharmaceuticals International Inc. (VRX) for $422.5 million. In a statement, Sanofi said the transaction includes an aesthetic and therapeutic business in the U.S. and Canada, as well as an aesthetic business around the world. Sanofi's Canadian unit will continue its operations in Greater Montreal, said the company. -By Nadya Masidlover, Dow Jones Newswires; +33 1 4017 1740; nadya.masidlover@dowjones.com

Stock News for Valeant Pharma (VRX)
DateTimeHeadline
12/15/201419:53:21Brent Saunders faces challenge of running combined Actavis-Allergan
12/05/201411:45:17Activist Fund ValueAct Capital to Seek Up to $1.5 Billion From...
11/25/201419:25:05Jefferies Bumps Up Against Big Rivals as It Looks to Expand
11/25/201418:53:14CEOs' Test: Contending With Activist Investors
11/20/201412:41:11Valeant Sets $2 Billion Buyback Plan After Losing Allergan
11/19/201419:15:16For Allergan Suitors, Unorthodox Alliance Proved Unwieldy
11/18/201419:55:17Goldman Hits Mother Lode on Deals
11/18/201418:50:13Ackman Drops Push for Allergan Holder Meeting--2nd Update
11/18/201418:40:32Ackman Drops Push for Allergan Holder Meeting--Update
11/18/201408:07:30Zoetis Unveils $500 Million Buyback Plan
11/17/201420:01:10Deal Boom Feeds on Surging Stocks
11/17/201418:16:19Actavis To Buy Allergan In $66 Billion Deal--5th Update
11/17/201416:28:40Actavis To Buy Allergan in $66 Billion Deal -- 5th Update
11/17/201415:35:37Ackman, Valeant Can't Justify Topping Actavis Bid for Allergan
11/17/201410:16:39Actavis To Buy Allergan In $66 Billion Deal--4th Update
11/17/201410:07:59Actavis To Buy Allergan In $66 Billion Deal--3rd Update
11/17/201410:01:21Actavis To Buy Allergan In $66 Billion Deal--2nd Update
11/17/201409:52:21Actavis To Buy Allergan In $66 Billion Deal--Update
11/17/201409:29:21MARKET SNAPSHOT: U.S. Stocks: Futures Lower; Industrial Production...
11/17/201408:07:11MARKET SNAPSHOT: U.S. Stocks: Futures Lower After Japan Falls...

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