Grifols - comment
The proposed MBO backed by Brookfield appears to be making further progress, with Brookfield seeking bank financing of up to $9.5bn facility to potentially take private Grifols. The shares have reacted positively to this Bloomberg story, up 3%. The Bloomberg story confirms that there would be a change of control event for existing facilities.
Grifol's family and Brookfield previously announced their intention to consider taking it private. Grifols shares fell in January on the back of a short seller attack.