Grifols B : Studying Shanghai Raas disposal
>Evaluating alternatives to cash-out Shanghai Raas - According to the Spanish press (finanzas.com) citing sources close to the company, Grifols is evaluating alternatives to cash-out its stake in Shanghai Raas while preserving its presence in the Chinese market. The sources also state that the deal could be closed as soon as January 2023 now that Covid restrictions in China have been relaxed.The disposal has deleveraging potential >1x ND/EBITDA - In o...
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