Gerresheimer Secures Debt Relief and Fends Off Suitor in Turnaround Bid
Gerresheimer shares surge 25% after creditors grant debt relief and the firm rebuffs a Silgan takeover bid, gaining time to execute its recovery and sell its US unit Centor. Shares in pharmaceutical packaging specialist Gerresheimer AG surged this week following a crucial dual development. The company successfully secured a major concession from its creditors while…

