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IN BRIEF: Malin confirms defamation proceedings against company

Mon, 20th Jun 2022 13:54

Malin Corp PLC - Dublin-based investor in life sciences companies - Confirms that defamation proceedings on behalf of founding members Kelly Martin and Sean Murphy were issued against the company, Chair Liam Daniel, and Chief Executive Darragh Lyons. Says the company, Daniel and Lyons dispute the basis for the claim and that the proceedings will be fully defended.

Current stock price: EUR4.20

12-month change: down 37%

By Abby Amoakuh; abbyamoakuh@alliancenews.com

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FTSE 250 movers: Telecity jumps 20% on £2.3bn Equinix offer

Despite posting some slightly disappointing first-quarter results, datacentres group Telecity was leading the risers on the FTSE 250 after receiving a takeover offer from Equinix at 1,145p per share in cash and equity. This bid, at a 27% premium to the closing price on Wednesday, values Telecity at

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Millenium & Copthorne profits suffer from New York labour negotiations

First-quarter profits slipped 5% at hotels group Millenium & Copthorne, which argued trading was in line with historically slower trading patterns. Revenues rose 8% to £189m in the three months to 31 March, with revenue per available room up 5.8% to £61.60 on the same period last year. Chairman Kwe

7 May 2015 07:53

BUZZ-M&C Hotels: Falls as Q1 disappoints

** Millennium & Copthorne Hotels falls as much as 4 pct, one of the top percentage losers on the FTSE 250 ** Q1 pretax profit down 5 pct, hurt by labour cost pressures in New York and labour shortages in Singapore ** RevPAR growth of 2.6 pct on a constant currency basis which is slowe

7 May 2015 07:26

REPEAT: LONDON MORNING BRIEFING: TeleCity Jumps 20% On Takeover Offer

7 May 2015 07:20

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IN BRIEF: Malin confirms defamation proceedings against company

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