Seeking Alpha

Rexam launches sale of $1B healthcare packaging unit

  • Beverage-can maker Rexam (REXMY.PK) has reportedly launched an auction of its healthcare packaging business, which could attract £650M ($1B), with the end of September being a possible deadline for first-round bids.
  • Names bandied around as potential bidders include Berry Plastics (BERY) and Carlyle (CG).
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