BARCELONA/MADRID Nov. 6 () –
The Canadian firm Brookfield Asset Management has asked Grifols for more information about its relationship with Scranton, the investment vehicle of the Grifols family and several former directors of the company, as market sources have explained to Europa Press.
Specifically, the fund is trying to complete the ‘due diligence’ in which it has been immersed since last July, when the then executive president of Grifols, Thomas Glanzmann, announced that it had already begun, as ‘Bloomberg’ reported this Tuesday. after the market closes.
Thus, the fund continues working on launching a public acquisition offer (OPA) together with the founding family for the blood products company.
Specifically, at the beginning of July, Grifols explained that its family shareholders had reached an agreement with Brookfield to evaluate a possible joint takeover bid for the entire share capital of the Catalan company.
This request has occurred in a context marked by the completion by the United States Securities and Exchange Commission (SEC) of the investigation it had opened into Grifols, which has concluded without sanctions, as published by the US regulator, which carried out two requests for information to the Catalan firm last April in an “informal” manner following the Gotham accusations.
“We have completed the review of your files,” the SEC indicated in a letter sent on October 1 to the Spanish company, which will present its accounts for the first nine months of this year this Thursday, November 7.
This investigation by the United States supervisor, which began last April, has already concluded, while the company is still waiting for the decision of the National Securities Market Commission (CNMV), which has yet to rule on the proposed sanction for the incidents indicated in the written conclusions reached by the CNMV on March 21.
Grifols made progress on September 25, when the CNMV announced that it had opened a sanctioning file in its financial information and management reports, that this sanction is not material and, therefore, will not have an impact on its accounts.
Add Comment