Apax Lines Up About €1 Billion Debt to Buy Gerresheimer Units

Apax Partners is arranging approximately 1 billion euros in debt financing for its acquisition of two business units from packaging company Gerresheimer AG, according to bankers involved in the transaction. The financing package totals about 1.2 billion U.S. dollars. Gerresheimer has not yet announced the sale price or completion date for the transaction.

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