Grifols Stock Declines After Brookfield Drops Buyout Offer

Core Viewpoint - Grifols' shares fell over 7% after Brookfield Asset Management withdrew its acquisition proposal, which was valued at €6.45 billion (approximately $6.8 billion), due to disagreements on the company's valuation [1][2] Company Performance - Grifols' stock has declined 30.2% year-to-date, significantly underperforming the industry average decline of 4.5% [5] - The company's net financial debt stood at €9.2 billion, with a liquidity position of €704 million, raising concerns about its cash flow generation capabilities [4] Acquisition Attempts - The negotiations between Grifols and Brookfield ended after the Grifols board rejected the acquisition offer, citing that it undervalued the company's long-term potential [1] - Brookfield was also in discussions with banks to raise funds for the acquisition, which would have included refinancing Grifols' existing debt [2] Management Changes - In response to ongoing concerns, Grifols appointed new management and removed family members from executive roles [8]