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Update: Market Chatter: Brookfield in Talks With Sovereign Funds to Join Grifols Acquisition Bid
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Update: Market Chatter: Brookfield in Talks With Sovereign Funds to Join Grifols Acquisition Bid
Aug 31, 2024 8:05 PM

12:56 PM EDT, 08/29/2024 (MT Newswires) -- (Updates with Brookfield Asset Management's ( BAM ) response to a request for comment in the third paragraph.)

Brookfield Asset Management ( BAM ) is courting multiple investment funds to join its effort to acquire Grifols, a Spanish blood-plasma company, Bloomberg reported Thursday, citing people familiar with the matter.

Brookfield has held talks with Abu Dhabi and Singaporean sovereign wealth funds ADQ and GIC Pte., respectively, among other funds, Bloomberg reported, citing the people, who added that no agreement has been reached with any of the funds.

Brookfield Asset Management ( BAM ) declined to comment in response to MT Newswires' request for a statement on the matter.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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