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Grifols to make €350-million takeover bid for Biotest capital it does not yet control, with aim of delisting it

Summary by The Corner

The Corner Bankinter | The company’s Board of Directors has unanimously approved that its subsidiary Grifols Biotest Holdings make a public takeover bid to delist Biotest AG from the stock exchange. The bid will be for the 2.9% of the ordinary shares it does not control and 53.8% of the preference shares. It will offer €43.00 for each ordinary share and €30.00 for each preference share. In addition, it will request the...

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Grifols to make €350-million takeover bid for Biotest capital it does not yet control, with aim of delisting it

The Corner Bankinter | The company’s Board of Directors has unanimously approved that its subsidiary Grifols Biotest Holdings make a public takeover bid to delist Biotest AG from the stock exchange. The bid will be for the 2.9% of the ordinary shares it does not control and 53.8% of the preference shares. It will offer €43.00 for each ordinary share and €30.00 for each preference share. In addition, it will request the...

3 days ago

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The Corner broke the news in 3 days ago on Thursday, April 3, 2025.

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