Grifols Faces Scrutiny of Billionaire Family’s Control (1)

Jan. 11, 2024, 11:17 AM UTC

Investors in Grifols SA are set to press the company on corporate governance issues and questions about the billionaire family that controls the firm at a meeting Thursday after its shares suffered their biggest single-day drop from a short seller’s report this week.

The Spanish company, which is due to hold a call at 2:30 p.m. CET, will face questions such as the Grifols family’s involvement in strategy and operations and dealings with an investment vehicle linked to them, after hedge fund Gotham City Research LLC released a report accusing the firm of massaging its financial reporting data by inflating ...

Learn more about Bloomberg Law or Log In to keep reading:

See Breaking News in Context

Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.

Already a subscriber?

Log in to keep reading or access research tools and resources.