Sanofi bucks unit-sale trend with plan to unload $7B worth of older products

Sanofi CEO Chris Viehbacher

While other companies are hiving off large pieces of their operations to get fit and focused, Sanofi ($SNY) has decided to simply clean out its closet. By selling off a number of older products, it can make room for the kind of bolt-on deals that CEO Chris Viehbacher said on Tuesday interest him. Report