Rexam PLC

Montagu, Rexam in advanced talks over sale of healthcare packaging unit

UK's Montagu Private Equity and Rexam have reportedly entered the advance stage of talks on the sale of the latter's healthcare packaging business. Rexam is selling its healthcare division in a deal that could value the asset at about £500 million.

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Gerresheimer drops out of bidding for Rexam's healthcare packaging business

German medical supplies manufacturer Gerresheimer on Wednesday confirmed that it is no longer vying for UK-based Rexam's healthcare packaging unit. The company said the healthcare business did not fulfill its acquisition requirements.

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