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Brookfield in talks with banks for funding Grifols’ takeover bid,

Canadian fund Brookfield (BN.TO), opens new tab is in talks with banks to raise funds for its possible takeover bid for beleaguered Spanish drugmaker Grifols (GRLS.MC), opens new tab, two people familiar with the matter said on Wednesday.
Those banks include Bank of America (BAC.N), opens new tab and UBS (UBSG.S), opens new tab, one of the people said.
Grifols said last month it would study a preliminary offer presented by Brookfield and the Grifols founding family, which holds a stake of around 30% in Grifols, for a possible joint takeover bid with the intent to de-list Grifols.
Source: REUTER

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