08:58 AM EDT, 09/13/2024 (MT Newswires) -- Grifols ( GRFS ) is seeking to hire a consultancy firm to help manage minority investors in the face of a takeover approach, Bloomberg reported Friday, citing people familiar with the matter.

Grifols's ( GRFS ) board has solicited proposals from several firms to manage communications with shareholders, the report said.

The Spanish pharmaceutical company is awaiting Brookfield Asset Management (BAM) and the Grifols ( GRFS ) family's offer to take the firm private in a deal valuing the company at 8 billion euros ($8.87 billion), Bloomberg reported.

But another group of investors is demanding a higher price, Bloomberg added.

Grifols ( GRFS ) did not immediately reply to MT Newswires' request for comment.

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