Rexam launches sale of $1B healthcare packaging unit

|About: Rexam PLC ADR (REXMY)|By:, SA News Editor

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).