July 29 (Reuters) - German drugs packaging firm Gerresheimer said on Wednesday it was selling two of its packaging units to private equity group Apax Funds for €1.5 billion ($1.71 billion) including debt. The sale involves the company's U.S...
The Düsseldorf-based company has been under pressure since a complaint from the financial supervision of Bafin. Now the packaging material manufacturer not only sells the US subsidiary Centor as announced.
Billion deal at Gerresheimer: The packaging manufacturer sells Centor for 1.5 billion euros to Apax. The deal provides much-needed leeway – but does not solve all the problems.