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Gerresheimer IPO to be worth EUR 450 million

Gerresheimer AG“s initial public offering will be worth about EUR 450 million plus a greenshoe option, according to offer details as of 11 May 2007. The glass and plastic packaging manufacturer aims …

Gerresheimer AG“s initial public offering will be worth about EUR 450 million plus a greenshoe option, according to offer details as of 11 May 2007. The glass and plastic packaging manufacturer aims to list on the Prime Standard segment of Frankfurt“s stock exchange in the 1H of 2007, with Credit Suisse and Morgan Stanley as joint global coordinators. Co-lead managers are ABN Amro Rothschild, Cazenove and Dresdner Kleinwort, according to the offer details. The subscription period will begin 29 May 2007 and the company“s market free-float will be more than 50%, according to the details.

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