Grifols Says It Would Not Recommend Shareholders Accept Brookfield's Bid Offer
Nov 20 (Reuters) -Grifols GRLS.MC:
SAID ON TUESDAY POTENTIAL OFFER BY BROOKFIELD FOR ENTIRE OUTSTANDING SHARE CAPITAL OF CO, IMPLYING INDICATIVE PRICE OF EUR 10.50 PER SHARE FOR CLASS A SHARES, SIGNIFICANTLY UNDERVALUES CO'S FUNDAMENTAL PROSPECTS AND LONG-TERM POTENTIAL
BOARD OF DIRECTORS WOULD NOT RECOMMEND SHAREHOLDERS OF COMPANY ACCEPTANCE OF POTENTIAL OFFER AT INDICATED PRICE
Source text for Workspace: nCNMbnphgSnFWN3MQ02J nL8N3MQ0VT
Further company coverage: GRLS.MC
(Gdansk Newsroom)
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