Malin raises up to 330 million euros; to list on Irish Stock Exchange

Malin Corporation, a newly-incorporated Irish-based global life sciences company, says it has raised up to 330 million euros ($347 million) made up of committed gross proceeds and additional investment commitments. Malin also said it will list on the ESM of the Irish Stock Exchange on March 25, 2015.

Malin has already identified and entered into acquisition and investment agreements or binding heads of agreement with seven operating companies (listed below), which meet its criteria, and has total committed expenditure in respect of these companies of around 100 million euros with a further amount of up to about 130 million euros of follow-on investment options or investments subject to contingent commitments. Malin will also seek to make a number of further acquisitions and investments post its flotation.

Assets to be acquired