Report
Grifols B : Completes the sale of a 20% equity stake in SRAAS
>Grifols finally completes the Shanghai RAAS deal - The company announced the completion of the sale of a 20% stake in Shanghai RAAS to Haier Group once the deal has received all necessary regulatory approvals. The company still retains a 6.58% stake in SRAAS and a seat on their board. Grifols has received RMB12.5bn (€ 1.6bn) in cash and has entered into appropriate agreements to convert the proceeds received in local currency to euros. Grifols will use all proceeds t...
Underlying
Grifols S.A. Pref Class B
Provider
Oddo BHF
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Juan Ros-Padilla
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