Grifols jumps after report of Brookfield resuming takeover talks

Grifols SA

02/04/2025 08:18

** Shares in Grifols GRLS.MC jump about 9% after a media report that Canadian investment fund Brookfield BAM.TO had resumed talks on a potential takeover of the Spanish pharmaceuticals company

** According to Spanish newspaper El Confidencial, Brookfield is mulling an offer valuing the company at 7 billion euros ($7.55 billion)

** Brookfield withdrew its $6.8 billion offer in November last year after Grifols' management rejected it

** The Grifols family declined to comment; Brookfield representatives did not respond immediately to requests for comment

** The stock is at the top of Spanish blue-chip index IBEX 35 .IBEX

** Up to the previous session's close, it was down 11%​ YTD

($1 = 0.9268 euros)

 (Reporting by Javi West Larrañaga)

 ((javier.west@thomsonreuters.com; +48 58 769 65 76))