Credit Suisse has won its third mandate from Rexam in less than five months after advising the UK packaging company on the purchase of a can manufacturer from Rusal, Russia's largest aluminium producer.
Rexam's planned acquisition of canning business Rostar from Rusal takes the value of Credit Suisse's advisory mandates for Rexam in the last five months to almost $2.8bn (€2bn). The company has restructured its business following the arrival of new chief executive Leslie Van de Walle in January.