February 3, 2015 / 6:14 PM / in 3 years

BUZZ-Salix Pharmaceuticals Ltd: Valeant in talks to buy co - Bloomberg

** Drugmaker Salix’s shares up 6 pct at $141.84 in afternoon trade

** Canadian drugmaker Valeant Pharmaceuticals is in talks to buy Salix, Bloomberg reports, quoting people with the knowledge of the matter (bloom.bg/1Da0N5B)

** British drugmaker Shire Plc also interested in Salix, Bloomberg says, citing sources

** The talks follow Salix saying it would restate financial results for the past seven quarters due to inventory problems that led to a management change

** U.S.-listed shares of Valeant down about 3 percent at $157.43 on the New York Stock Exchange

** Salix stock had gained 27.8 pct in 2014

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below