Valeant Mulls Over Selling Egyptian Drugmaker Amoun and Latin American Assets

Valeant Pharmaceuticals International Inc. is considering the sale of Egyptian drugmaker Amoun Pharmaceutical Co. as the beleaguered Canadian company seeks to accelerate its debt-reduction plans, according to people with knowledge of the matter.

Amoun may attract pharmaceutical companies with an interest in expanding in emerging markets, the people said, asking not to be identified because the deliberations are private. The Egyptian company’s current executives could also pursue a management buyout with help from financial investors, though no final decision has been made, the people said.

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