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GXI — Gerresheimer AG News Story

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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions

- The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Wednesday:

** German drug packaging firm Gerresheimer <GXIG.DE> said it was selling two plastic packaging units, including the U.S. business Centor, to private equity group Apax Funds for €1.5 billion ($1.71 billion) including debt.

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** Sembcorp Utilities, a unit of Singapore-listed Sembcorp Industries <SCIL.SI>, said that it will purchase a 20% equity stake in Aster Power, deepening its energy partnership with Aster Chemicals and Energy.

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(Compiled by Rajarshi Roy and Pragyan Kalita in Bengaluru)

((Rajarshi.Roy@thomsonreuters.com))

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