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Grifols executives in boardroom approving minority stake IPO for US Biopharma business, with surging stock charts on screens.
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Grifols prepares stock listing for its US Biopharma business

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Grifols' board has approved preparing a public offering (OPV) of a minority stake in its US Biopharma business to reduce debt and fund growth. The company will retain majority control and continue listing in Spain. Its ADRs surged up to 13% in after-hours trading.

The Ibovespa surged 3.24% on Monday (23), reaching 181,900 points, driven by Donald Trump's statements on US-Iran talks. Brent oil dropped 9.6% to $96.3, and the dollar fell to R$5.23.

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South Korean shares opened sharply lower on March 19 amid attacks on Middle East energy facilities during the US- and Israel-led war against Iran. The US Federal Reserve's decision to keep rates unchanged further dampened sentiment. The KOSPI fell 2.16% in the first 15 minutes.

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