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'Grifols Shareholder Mason Capital Calls For Board Overhaul' - Bloomberg News

Author: Benzinga Newsdesk | December 02, 2024 03:29pm

https://www.bloomberg.com/news/articles/2024-12-02/grifols-shareholder-mason-capital-calls-for-board-to-be-replaced?sref=y3YMCJ4e

Mason Capital Management LLC's Kenneth M Garschina said he wants Grifols SA's board replaced.

The co-founder of the New York-based hedge fund demanded a seat on the Grifols board during Brookfield Asset Management's failed attempt to win control of the company. Now he's orchestrating a campaign to revamp the drug maker's board, namely by ousting Tomas Daga, a veteran director and long-time friend of the founding family.

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