Recently, an interesting development took place in the financial market of Saudi Arabia: the packaging manufacturer United Carton Industries Co. attracted significant interest in its initial public offering (IPO). Expectations were high, and based on the results, demand for the company’s shares exceeded all forecasts.

Gerresheimer AG $GXI.DE , a renowned German manufacturer of pharmaceutical and cosmetic packaging, is reportedly exploring a potential sale amid rising interest from private equity funds. Sources familiar with the matter have confirmed this development, highlighting the actions the company is taking in light of these circumstances.