Reported about 15 hours ago
A consortium led by KKR and Warburg Pincus has submitted a non-binding bid for Gerresheimer AG, valuing the company at nearly 3.1 billion euros. The bid, close to 90 euros per share, comes as Gerresheimer faces subdued demand in its markets and revises its revenue growth projections. Although the bid shows interest in the company, a takeover is not guaranteed and discussions are still in early stages.
Source: YAHOO