A group comprising private equity companies Warburg Pincus and KKR is reportedly in discussions to acquire Gerresheimer, a German company specialising in packaging for medicines and beauty products. The companies became the leading contenders after joining forces, with other possible bidders such as Bain Capital withdrawing from the process, Bloomberg News reported, citing people familiar with the matter. However, sources said that the Warburg Pincus-KKR consortium is unlikely to offer a large premium over Gerresheimer’s current price, with key hurdles still remaining for a deal.
Read the full article: Warburg Pincus and KKR Consortium in Talks to Acquire Gerresheimer //
Source: https://finance.yahoo.com/news/warburg-pincus-kkr-consortium-talks-093538548.html