Spanish drugmaker Grifols says Brookfield's potential €6.45-billion offer undervalues the company [Globe and Mail, The (Toronto, Canada)]
Brookfield Corporation Class A Limited Voting Shares (BN)
Company Research
Source: Globe and Mail, The
decrease potential €6.45-billion ($6.8-billion) offer significantly undervalued the Spanish drugmaker's prospects and long-term potential. Earlier on Tuesday, Brookfield said it was considering a public offer for Grifols at €10.50 per A share and €7.62 per B share, implying a company valuation of €6.45-billion. The proposal is non-binding, Brookfield said in a filing to the Spanish stock market regulator. The Canadian private equity firm said in July it was interested in making a takeover bid jointly with the Grifols family with the ultimate goal of taking the company private. Grifols said its board would meet later on Tuesday to consider the potential offer, but that, given the valuation, it would not be in a position to recommend that shareholders accept it. Grifols shares were down 6 per cent at 1310 GMT, one of the biggest falls on Spain's blue-chip IBEX 35 index. The company has lost about 30 per cent of its market value since January, when short-seller fund Gotham C
Show less
Read more
Impact Snapshot
Event Time:
BN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BN alerts
High impacting Brookfield Corporation Class A Limited Voting Shares news events
Weekly update
A roundup of the hottest topics
BN
News
- BROOKFIELD RESIDENTIAL HAS ACQUIRED AN OWNERSHIP POSITION IN KOLTER LAND TO EXPAND RESIDENTIAL LAND DEVELOPMENT IN SOUTHEAST U.S.PR Newswire
- Brookfield Corporation Receives Exemptive Relief from the Ontario Securities Commission [Canadian Business Journal (Canada)]Canadian Business Journal
- Brookfield Corporation Receives Exemptive Relief from the Ontario Securities Commission [Yahoo! Finance]Yahoo! Finance
- Brookfield Corporation Receives Exemptive Relief from the Ontario Securities CommissionGlobeNewswire
- Best Momentum Stocks to Buy for November 20th [Yahoo! Finance]Yahoo! Finance
BN
Earnings
- 11/14/24 - Miss
BN
Sec Filings
- 11/20/24 - Form 6-K
- 11/15/24 - Form 13F-HR
- 11/14/24 - Form 6-K
- BN's page on the SEC website