Valeant (VRX) Puts Inova Unit Up for Sale - Report

September 21, 2016 10:16 AM EDT

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(Updated - September 21, 2016 10:25 AM EDT)

Valeant Pharmaceuticals (NYSE: VRX) has put its Australian Inova unit up for sale, AFR reported.

The company has tapped Goldman Sachs as its banker, the report said.

AFR said Inova has EBITDA of roughly $100 million annually. The unit could be worth $1 billion in a sale.

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