Madrid, Nov 27, 2024 (AFP) - Canadian fund drops bid for Spanish pharma firm Grifols

NAMPA / AFP

2024-11-27

Canadian investment fund Brookfield said Wednesday it has dropped its bid for Spanish pharmaceutical firm Grifols following disagreement over its valuation. Brookfield and the Grifols family, which owns about a third of the Barcelona-based company that makes medicine derived from blood plasma, have since July been in talks to take it private. Earlier this month Brookfield made a 6.45-billion-euro bid for Grifols, offering a tentative non-binding......

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