Valeant Sells Assets For $2.1 Billion To Reduce Massive Debt Load
January 10, 2017 at 08:55 AM EST
While Valeant's motive to sell a business was obvious, L’Oreal agreed to pay a high price for the Valeant brands, CerAve, AcneFree and Ambi, to challenge rival Nestle SA in the medicated skin-care industry.
