Malin Corporation, an Ireland-based global life sciences company, has raised €330m ($350m) in an initial public offering backed by UK and Ireland’s sovereign wealth funds and agreed its first deal.
Sovereign wealth funds UK Pension Protection Fund and Ireland Strategic Investment Fund (ISIF) are in its top five investors at the IPO.
They were joined by US-based property rental group Reedy Creek Investments, UK-based private equity company Woodford Investment Management and UK-based insurance company Aviva that fill out the other…
