Gotham City Research published Grifols SA: Focus on Related Parties and Corporate Governance on 20 February 2024, which primarily consisted of a list of questions for Grifols. Later within the day, G
Gotham City Research released Grifols SA: Scranton and the Undisclosed Debts on Tuesday, January 19, 2024. Grifols in turn responded with a series of responses, answering some questions, but not addre
Summary of Our Opinions: GRF manipulates reported debt & EBITDA to artificially reduce reported leverage to 6x which we believe is closer to 10x-13x. Both GRF and Scranton Enterprises (a Grifols famil