PSH Pershing Square Holdings Ltd

Activist investor William Ackman on Monday said there will be no "crown jewel" asset sales at Valeant Pharmaceuticals International Inc. (VRX), but that the company would consider the sale on non core assets.

Mr. Ackman, who holds a board seat at the drug company, also told CNBC in an interview that Valeant's board "absolutely" would take up the issue of potential roll backs to some of the company's drug prices. The Valeant board, he said, would take up the issue "promptly."

The Pershing Square Holdings Ltd. chief executive also said that a renaming of the company is a possibility.

CNBC website: www.cnbc.com

Write to nymonitoring@dowjones.com

(END) Dow Jones Newswires

May 02, 2016 13:19 ET (17:19 GMT)

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