RFCL financial backer I Ventures, which had valued Mallinckrodt at between $325-$350m, is understood to be revising this figure due to a weaker than expected third quarter at the US firm and the difficult global economic climate.
“The entire global financial markets have changed since September. Hence, it’s only logical that the deal needs revaluation,” according to an unnamed industry source quoted by the Times. The source also raises doubts about the ease of attracting private equity during the global slump
