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Tuesday, December 10, 2024

Grifols Names Two New Board Members in Win for Hedge Fund Mason

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Grifols SA, the drugmaker reeling from a short-seller attack earlier this year, named two new board members, as it faces pressure from a group of small shareholders led by hedge fund Mason Capital Management LLC.

Grifols will appoint Pascal Ravery, a former executive at Goldman Sachs Group Inc. and JPMorgan Chase & Co., and Paul S. Herendeen, who has served as an executive at several health firms, to fill two vacant seats on the board, the Spanish company said in a filing late Monday.

https://www.bloomberg.com/news/articles/2024-12-10/grifols-names-two-new-board-members-in-win-for-hedge-fund-mason

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