Grifols Holders Call on Family, Brookfield to Offer ‘Fair Price’

Some large Grifols SA shareholders are increasing pressure on the Spanish blood plasma firm to seek a substantial premium in talks with suitor Brookfield Asset Management.

Spanish law firm Araoz & Rueda, known for advising large investors in the country, has been retained by several significant shareholders to help avert what they worry could be a lowball offer, according to founding partner Alejandro Fernández de Araoz. Toronto-based Brookfield and the Grifols family in July made an approach to buy the company and take it private.