January 10, 2017 / 3:49 AM / in 9 months

BRIEF-Valeant to sell Dendreon to Sanpower Group for $819.9 mln in cash

Jan 9 (Reuters) - Valeant Pharmaceuticals International Inc :

* Valeant to sell Dendreon to Sanpower Group for $819.9 million in cash

* Valeant Pharmaceuticals- co will use proceeds from sale of Dendreon to permanently repay term loan debt under its senior secured credit facility

* Valeant Pharmaceuticals International-affiliate entered agreement to sell all outstanding equity interests in Dendreon Pharma to Sanpower Group Source text for Eikon: Further company coverage: (Bengaluru Newsroom)

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