Grifols afirma desconocer posible nueva OPA de Brookfield por 7,000 millones.

The Board of Directors of Grifols made sure to ignore the information regarding the resumption of negotiations with Canadian Brookfield to launch a new public procurement offer (OPA) for the heavy company worth 7,000 million euros, once the potential offer from last year.

«Regarding the information published in certain media outlets, the news about the resumption of talks regarding a possible new offer for Grifols’ shares by Brookfield Capital Partners (UK) Limited, the company informs that its board of directors has no knowledge of this information,» the company told the National Securities Market Commission (CNMV).

Grifols led the IBEX 35 on Wednesday, with a 9% increase around 11:30, after jumping nearly 12% in the early stages of the session.

Specifically, as reported on Wednesday, «El Confidencial,» Brookfield may have discussed again with the founding family, through Morgan Stanley, «to launch a new acquisition proposal worth 7,000 million euros.»

According to industry sources consulted by the media, the Canadian Risk Capital Fund resumed discussions with the Catalan family to launch a new purchase proposal, after the board of directors rejected 10.5 euros per share and the company was valued at 6.7 billion.

The Board of Directors of Grifols rejected the new potential offer from the Canadian Fund at a price of 10.5 euros per share and recommended not to accept this price when they considered it low.

On November 19, it was reported in the market that Brookfield was considering a price of 10.5 euros per share in the public procurement (OPA), which it proposes to launch with the founding family of the Catalan company.

However, the Canadian Fund informed the National Securities Market Commission (CNMV) through its British branch Brookfield Partners that it will not continue with the potential offer for Grifols, after informing the Catalan transactions committee that, under the current circumstances, it could not continue.

After informing Brookfield of its intention to launch a public procurement offer for Grifols, the Grifols family said they were «very happy and grateful» for the support received from current shareholders, and then stated that they «will not celebrate any other transaction.»

«The Grifols family believes that the company has great value and will continue to develop its expansion, as it has done for over 115 years,» said sources from the family environment consulted by Europa Press.

FUENTE