Reported 20 days ago
Brookfield Asset Management is seeking additional information from Grifols SA regarding related-party transactions as part of its due diligence process for a potential takeover. This request comes amid scrutiny following allegations from a short seller that Grifols improperly consolidated profits from its sales to a major shareholder. Grifols has made adjustments to its financial statements and removed family members from executive roles to enhance oversight. As Brookfield moves forward with its bid, some Grifols shareholders are taking steps to protect their interests.
Source: YAHOO