Rexam Eyes £200M Beverages Unit Sale

Rexam, a U.K. can maker, has appointed Barclays Capital to sell its beverage and specialties unit.

Rexam, a U.K. can maker, has appointed Barclays Capital to sell its beverage and specialties unit, Reuters reports, citing The Mail. The transaction possibly will be worth £200 million. The final bids for the business are expected next week. The company, which makes lids for drink and food containers, is also considering other options for the business.

Click here for the story from Reuters.