Canadian fund drops bid for Spanish pharma firm Grifols

Canadian fund drops bid for Spanish pharma firm Grifols

Canadian fund drops bid for Spanish pharma firm Grifols …C0NTINUE READING HERE >>>

Barcelona-based Grifols makes medicine derived from blood plasma.
Photo: Josep LAGO / AFP
Source: AFP

Canadian investment fund Brookfield said Wednesday it has dropped its bid for Spanish pharmaceutical firm Grifols following disagreement over its valuation.

Brookfield and the Grifols family, which owns about a third of the Barcelona-based company that makes medicine derived from blood plasma, have since July been in talks to take it private.

Earlier this month Brookfield made a…

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