Brookfield Is Said to Plan to Walk Away From Grifols Bid [Yahoo! Finance]
GRIFOLS SA S/ADR (GIKLY)
NASDAQ:AMEX Investor Relations:
grifols.com/en/web/international/investor-relations/home-page
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Source: Yahoo! Finance
Most Read from Bloomberg New York City's ‘Living Breakwaters' Brace for Stormier Seas In Italy's Motor City, Car-Free Options Are Growing In Kansas City, a First-Ever Stadium Designed for Women's Sports Takes the Field NYC's Underground Steam System May Be Key to a Greener Future NYC Gets Historic Push for 80,000 Homes With $5 Billion Pledge Brookfield decided to end months of negotiations, which were disclosed publicly in July, after failing to reach an agreement with the board of Grifols on the price, according to the people, who cannot be named as the matter isn't public. Brookfield had lined up financing for the deal and prepared a turnaround plan for the business, according to the people. Brookfield was looking to take Grifols private in partnership with Grifols family, which owns about a third of the namesake maker of medicine derived from blood-plasma. The decision by Brookfield comes days after the Grifols board rejected an indicative price offer from the asset
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News
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- Grifols' Worst-Ever Year Can't Derail Analyst Calls to Buy [Yahoo! Finance Canada]Yahoo! Finance Canada
- Grifols Keeps Door Open to Brookfield With Special Bond Term [Yahoo! Finance Canada]Yahoo! Finance Canada
- Grifols' Annus Horribilis Has Analysts and Short Sellers Divided [Yahoo! Finance]Yahoo! Finance
- SEC Drops Probe Into Gotham Over Report on Grifols' Accounts [Yahoo! Finance]Yahoo! Finance