Grifols - comment

Further doubts on Brookfield’s potential take-private bid of Grifols were cast this morning in El Confidencial. Brookfield is struggling to secure the required c. €10bn of debt to refinance the outstanding debt and fund the equity portion of the deal. The article indicates the deal is not dead, but the uncertainty has caused the equity to fall 2%.  

The situation remains too binary to take a position.