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BRIEF-Grifols Transaction Committee May Not Support Brookfield's Bid Offer
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BRIEF-Grifols Transaction Committee May Not Support Brookfield's Bid Offer
Nov 19, 2024 8:34 PM

Nov 19 (Reuters) - Grifols SA:

* TO HOLD EXTRAORDINARY MEETING THIS AFTERNOON TO ANALYSE

INFORMATION RECEIVED FROM BROOKFIELD

* WILL ISSUE OPINION REGARDING BROOKFIELD'S COMMUNICATION

* TRANSACTION COMMITTEE DULY CONSIDERED BROOKFIELD'S

NON-BINDING

INDICATIVE VALUATION

* CONCLUDES POTENTIAL OFFER AT THIS VALUATION LEVEL

SIGNIFICANTLY

UNDERVALUES CO'S FUNDAMENTAL PROSPECTS AND ITS LONG-TERM

POTENTIAL

* COMMITTEE WOULD NOT BE IN POSITION TO RECOMMEND TO SUPPORT

OFFER

AT THIS VALUATION FOR COMPANY

Source text:

Further company coverage:

(Gdansk Newsroom)

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