MADRID (Reuters) – Shares in Grifols were falling on Wednesday morning after Bloomberg reported Canadian fund Brookfield is considering dropping its plan to take over the Spanish pharmaceutical firm.
The Canadian private equity firm is walking away on disagreement on the company’s value, Bloomberg said, citing unidentified sources.
Brookfield said in September it was interested in launching a takeover bid jointly with the Grifols family, pending successful completion of due diligence.
Grifols shares were down 6.8% at 0817 GMT.
(Reporting by Inti Landauro, Editing by Louise Heavens)
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