Live Breaking News & Updates on Jesus Aguado|Page 5
Stay updated with breaking news from Jesus aguado. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Spanish drugmaker Grifols, whose shares slumped on Tuesday after hedge fund Gotham City Research questioned its accounts, has grown from a family-run blood testing lab founded in Barcelona in 1909 to. ....
(Reuters) - Spanish drugmaker Grifols, whose shares slumped on Tuesday after hedge fund Gotham City Research questioned its accounts, has grown from a ....
MADRID/BARCELONA (Reuters) -Shares in Grifols fell by 30% on Tuesday, wiping nearly $3 billion off its market value, after hedge fund Gotham City Research questioned its accounting, prompting the Spanish drugmaker to "categorically" deny any wrongdoing. Gotham questioned Grifols' reported debt and earnings before interest, taxes, depreciation and amortisation (EBITDA), and leverage ratio of 6.7 times. It said the leverage ratio is close to 10 to 13 times EBITDA. ....
Grifols categorically denied any wrongdoing. In a regulatory filing it called the report "false information" and said it had disclosed all information with integrity and transparency. To finance its international expansion, Grifols has taken on debt, which leading credit ratings agencies rate at below investment-grade. ....
A mix of global economic unease and geopolitical uncertainty means optimism is in short supply among bankers from the City of London to Frankfurt s Mainhattan financial district. Even. ....