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Valeant Divestiture Does Not Include B + L

Valeant Pharmaceuticals International has agreed to sell $1.3 Billion of assets in three skin-care brands to L’Oreal SA in an effort to start pay-down of $30 Billion in debt, according to several reports in the financial press.

Other recent transactions announced the total sell-off at $2.1Billion, but does not include the eye care unit of Bausch + Lomb.

Earlier this year in a CNBC interview, Valeant  CEO Joseph Papa indicated that both dermatology and eye care were core assets that were critically important while saying he is “never going to say never” to selling a core asset like B + L.

Shares jumped 13% in response to the news.

 

Source Financial Post:  http://business.financialpost.com/investing/market-moves/valeant-pharmaceuticals-international-inc-to-sell-us2-1-billion-in-assets-to-start-paying-down-us30-billion-debt

 

 

SeeMax Emblematic: Today’s Ultimate Vision – 100 Years in the Making

logo_SeeMax_Emblematic_Noir-1To commemorate Nikon’s 100-year anniversary, Nikon launches SeeMax Emblematic, the most advanced progressive lens available today.  This lens is the result of 100-years of consistent investment in R&D.

SeeMax Emblematic is engineered using Cyclone Technology, Nikon’s cybernetic methodology, which encompasses all three generation Aberration FiltersTM and Viewfit Technology. Each lens is crafted to deliver the most outstanding optical performance and reduces visual stress to the lowest possible level.

SeeMax Emblematic guarantees the most precise vision and immediate and lasting comfort in any conditions. For additional information, contact your Nikon Territory Manager, Nikon customer services department at 1-800-663-8654 or visit www.nikonlenswear.ca.

 

New Frame Rep Uses Unique Offer to Enter Market

While “Social Marketing”  is becoming more commonplace as buyers increasingly use social values as a metric to determine what they buy and with whom they partner, such programmes are often driven by headquarters.

Enter… new to the industry, SW Ontario rep for Lanctot, Ryan McCartney. With the challenge of having no existing contacts, Ryan creatively executed a direct mail campaign to let customers and prospects know that he’d donate 50% of his commissionable earnings for a six-week period ending January 31st.

Ryan spoke to InfoClip, saying that it’s been fun to meet new clients, and do good things with his new community of partners.

You can view Ryan’s Direct Mail offer Here.

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