Gerresheimer jump on report Warburg and KPS to team up on offer
Gerresheimer's GXIG.DE shares rise as much as 9% on a report that investment firms Warburg Pincus and KPS are in discussions about a potential offer for the German medical packaging maker
The offer price would be set at 70 euros ($79.24) per share, a premium of around 15% compared to the last closing price, the report says
Discussions are still ongoing and talks could be delayed or fall apart, the report says
Shares up 4.8% at 1434 GMT, after rising as much as 9% earlier
($1 = 0.8834 euros)
Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.
Recommended Articles
Featured Tools
Top News
Why SanDisk Stock Could Soar to $4,000?

AI Chip Sector Adds Heavyweight Player, Nvidia Rival Cerebras Plans to List Next Week, Targeting Largest US IPO of the Year

Trump Administration Brokers. Intel and Apple Reach Chipmaking Agreement, Shares Surge More Than 13%

Navitas Stock’s AI Data Center Pivot: Up 88% YTD—Is NVTS Stock Still a Buy?

Global First Storage ETF Surges 88% Five Weeks After Listing. Is It Too Late to Buy Now?

Tradingkey








