Brookfield Preparing to Abandon Grifols Bid, Bloomberg Reports, Citing Sources

Dow Jones

Nov 27, 2024

--Brookfield Asset Management is preparing to abandon its 6.45 billion-euro ($6.77 billion) bid to take over Spanish pharmaceutical company Grifols after failing to reach an agreement with the company's board on the price, Bloomberg reports, citing unnamed sources.

--The asset manager has been seeking for months to take the drugmaker private in partnership with the Grifols family and last week said it was still assessing a possible deal, Bloomberg reports.

--A Brookfield representative declined to comment and a representative for Grifols couldn't immediately comment, according to Bloomberg.

Full story: https://shorturl.at/XL3L8

Write to Adria Calatayud at adria.calatayud@wsj.com

(END) Dow Jones Newswires

November 27, 2024 03:52 ET (08:52 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2486810833"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2486810833\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2486810833?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-11-27 16:52","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2486810833","market":"fut","top_or_hot":-1,"title":"Brookfield Preparing to Abandon Grifols Bid, Bloomberg Reports, Citing Sources","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  --<a href=\"https://laohu8.com/S/BN\">Brookfield</a> Asset Management is preparing to abandon its 6.45 billion-euro ($6.77 billion) bid to take over Spanish pharmaceutical company Grifols after failing to reach an agreement with the company's board on the price, Bloomberg reports, citing unnamed sources. \n</p>\n<p>\n  --The asset manager has been seeking for months to take the drugmaker private in partnership with the Grifols family and last week said it was still assessing a possible deal, Bloomberg reports. \n</p>\n<p>\n  --A Brookfield representative declined to comment and a representative for Grifols couldn't immediately comment, according to Bloomberg. \n</p>\n<pre>\n \n</pre>\n<p>\n  Full story: https://shorturl.at/XL3L8 \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Adria Calatayud at adria.calatayud@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 27, 2024 03:52 ET (08:52 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Brookfield Preparing to Abandon Grifols Bid, Bloomberg Reports, Citing Sources</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBrookfield Preparing to Abandon Grifols Bid, Bloomberg Reports, Citing Sources\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-11-27 16:52</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  --<a href=\"https://laohu8.com/S/BN\">Brookfield</a> Asset Management is preparing to abandon its 6.45 billion-euro ($6.77 billion) bid to take over Spanish pharmaceutical company Grifols after failing to reach an agreement with the company's board on the price, Bloomberg reports, citing unnamed sources. \n</p>\n<p>\n  --The asset manager has been seeking for months to take the drugmaker private in partnership with the Grifols family and last week said it was still assessing a possible deal, Bloomberg reports. \n</p>\n<p>\n  --A Brookfield representative declined to comment and a representative for Grifols couldn't immediately comment, according to Bloomberg. \n</p>\n<pre>\n \n</pre>\n<p>\n  Full story: https://shorturl.at/XL3L8 \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Adria Calatayud at adria.calatayud@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 27, 2024 03:52 ET (08:52 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"GRFS","symbol_name":"基立福","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2486810833","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2486810833","pubTimestamp":1732697520,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"--Brookfield Asset Management is preparing to abandon its 6.45 billion-euro  bid to take over Spanish pharmaceutical company Grifols after failing to reach an agreement with the company's board on the price, Bloomberg reports, citing unnamed sources.--A Brookfield representative declined to comment and a representative for Grifols couldn't immediately comment, according to Bloomberg.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"GRFS":"基立福","BK4139":"生物科技"},"translate_title":"彭博社援引消息人士的话报道称，布鲁克菲尔德准备放弃Grifols的收购","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GRFS":0.9},"content_text":"--Brookfield Asset Management is preparing to abandon its 6.45 billion-euro ($6.77 billion) bid to take over Spanish pharmaceutical company Grifols after failing to reach an agreement with the company's board on the price, Bloomberg reports, citing unnamed sources. \n\n\n  --The asset manager has been seeking for months to take the drugmaker private in partnership with the Grifols family and last week said it was still assessing a possible deal, Bloomberg reports. \n\n\n  --A Brookfield representative declined to comment and a representative for Grifols couldn't immediately comment, according to Bloomberg. \n\n\n \n\n\n  Full story: https://shorturl.at/XL3L8 \n\n\n \n\n\n  Write to Adria Calatayud at adria.calatayud@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  November 27, 2024 03:52 ET (08:52 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}