Malin Corporation

Announcement of tender offer

  • Sectors : Pharma and healthcare
  • Companies : Malin Corporation

Ratings and price correct at time of issue.

  • Malin Corporation

    Closing Price: 880c

  • RATING 29/09/15

  • PREVIOUS RATING N/A

DAVY VIEW

Malin has announced that it intends to launch a tender offer for up to €150m at a price of €10.30/share. This is a 17% premium to yesterday’s closing price and a 4.4% discount to the latest intrinsic value/NAV. The tender offer is expected to formally launch in late February and complete by end-March 2025.

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Feb 5 2025, 08:32 GMT

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