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Rumor Has It: Expect Valeant Divestitures?

 
• By Lisa LaMotta

The plagued specialty pharma has been rumored to have at least one suitor, but analysts are skeptical and expect multiple divestitures will be required if the company is going to gain back some of its losses.

News that Valeant Pharmaceuticals International Inc. had a suitor sniffing around has given the greatly-depressed stock a small bump in recent days, but analysts are skeptical that the drug company could attract other offers.

Recent reports from The Wall Street Journal say that Takeda Pharmaceutical Co. Ltd. and private equity fund TPG approached the beleaguered specialty pharma more than a month ago,...

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