Valeant SalixAnyone have any opinions on this? This is HUGE for VRX if they seal the deal. Basically unwinding.
Curious however:
- Salix has $900MM Expected EBITDA for 2017
- Its IBS drug Xifafen has competition
- Its portfolio is also subject to regulatory risk and political risk
So if Takeda sees value despite this than the pharma sector obviously has value. Thoughts on Salix anyone?