Grifols Rejects Brookfield’s €6.45 Billion Takeover Bid, Citing Undervaluation

Takeover Offer:
Brookfield Asset Management proposed a non-binding takeover offer of €6.45 billion ($6.8 billion) for Grifols SA[1][2].

Undervaluation:
Grifols' board issued an unfavorable opinion on the offer, stating it "significantly undervalues the company's fundamental prospects and its future growth potential"[2].

Share Prices:
The offer values Grifols' A shares at €10.50 and B shares at €7.62[3].

Refinancing:
Brookfield reportedly partnered with Deutsche Bank and Banco Santander to refinance Grifols' current debt of around €11 billion[5].

Rejection:
Grifols rejected the bid, emphasizing the undervaluation of the company's worth[3].