Gerresheimer

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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Three rivals compete to buy Rexam packaging unit

UK-based company Rexam received offers to buy its healthcare packaging unit from Silgan Holding Inc, Berry Plastics Group, and Gerresheimer for less than USD1 billion.

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