Valeant Sells $2.1 Billion in Assets to Ease Debt Burden

The video discusses Valiant's recent divestitures, highlighting the surprising premiums achieved despite the company's challenging situation. The sales are part of a strategy to manage debt, with a focus on selling non-core assets. The company still faces significant debt, and further asset sales are anticipated. The market has reacted positively to the news, but the company's stock remains significantly down from its peak. Future earnings and guidance will be crucial for investor confidence.

What was surprising about Valiant's divestitures?

• They received lower premiums than expected.

• They had no impact on EBITA.

• They sold all their core assets.

• They commanded good premiums despite their situation.

What is Valiant's main reason for selling non-core assets?

• To expand their business.

• To reduce their debt.

• To increase their market share.

• To invest in new technologies.

How much more in asset sales does Valiant need to achieve their leverage targets?

• $1-2 billion

• $3-4 billion

• $8-9 billion

• $10-11 billion

What has been the trend in Valiant's stock price since 2015?

• It has decreased by 94%.

• It has remained stable.

• It has increased by 50%.

• It has doubled.

What is crucial for Valiant to reassure investors?

• Increasing their debt.

• Setting accurate earnings guidance.

• Selling more core assets.

• Expanding into new markets.