Grifols shares jump after report Canada’s Brookfield has resumed takeover talks

Three companies linked to the Grifols family, Deria, Ponder Trade and Radellor, and a fourth non-family company, Scranton Enterprises, have confirmed that they have had discussions with an investment group interested in exploring a potential corporate deal, sources close to those companies have informed Europa Press.

Grifols shares jump after report Canada’s Brookfield has resumed takeover talks

Brookfield has contacted the Grifols family, the company’s largest shareholder, and is considering making an offer valuing the company at €7-billion, El Confidencial said

Brookfield Is Said to Revive Talks on Potential Grifols Offer

Brookfield Asset Management Ltd. has revived talks with Grifols SA’s main shareholder about a potential offer for the Spanish blood-plasma company following a failed attempt last year, according to people familiar with the matter.

Bankinter Market Consensus On Wednesday, in a statement to the CNMV, the Society reported not having knowledge that the Grifols family (the main shareholder with 30% of the capital) was in contact with the Brookfield fund to explore a new OPA. Brookfield issued a statement on the same line. Subsequently, through a note published in Europe Press after the closure of the stock exchange, three companies linked to the Grifols family (Deria, Punder …

Brookfield may have to dig deeper to bag Grifols

The Canadian firm is eyeing a $7.5 bln offer for the pharma group, as per Spanish media. The juicier bid could still yield an attractive return and Brookfield’s interest, despite fraud allegations, adds value to the company. That may embolden the seller to play hardball.

The board of directors of Grifols has stated that it has no knowledge of the resumption of negotiations with the firm Brookfield to launch a new Public Procurement Offer (OPA) for 7 billion euros, since the previous potential offer by both parties last November was closed.