Grifols - comment

Brookfield is rumoured to seek an extension to continue its due diligence on Grilols.  But the only announcement from Grifols this morning relates to a denial from the Company regarding a press article stating Grifols will invest €300m in a new facility in Spain.  The stumbling block for Brookfield appears to be price, with Brookfield reported to be seeking external institutional money to fund the take-private and/or changes in the terms of the two share classes which would allow a different price to be paid to Class A and Class B shareholders.