Brookfield Asset Management (BAM) is once again in discussions for a potential deal for Grifols (GRFS) with the Grifols family, the company's main shareholder, Bloomberg News reported Wednesday, citing people familiar with the matter.
In November, the asset management firm walked away from a plan to buy Grifols following months of negotiations, according to the report. Grifols board previously turned down an indicative offer valuing the company at 6.45 billion euros ($6.97 billion), Bloomberg reported.
Brookfield and Grifols did not immediately respond to MT Newswires' requests for comment.
Grifols shares were up 7.3% in recent premarket activity Wednesday, while Brookfield rose 0.2%.
(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.)
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.