MUNICH, March 20 (Reuters) - U.S. packaging company

Silgan Holdings ( SLGN ) has signalled interest in taking over

German medical packaging maker Gerresheimer, according

to two sources familiar with the matter.

Silgan ( SLGN ) is working with advisers on the approach, one source

said, cautioning that there is no certainty there will be a bid

and that a transaction will be completed.

Gerresheimer declined to comment.

Silgan ( SLGN ) was not immediately available for comment.

Gerresheimer, worth about 600 million euros ($694 million),

has seen its shares drop more than 80% from its 2023 peak and

the stock is down 37% since the start of the year.

The company said in late February that Germany's financial

regulator BaFin is widening a probe into its financial

statements, adding pressure on the medical products maker as it

grapples with accounting issues and a plunging share price.

The Duesseldorf-based company held talks last year with

private equity investors over a potential sale, but the

conversations ended without an agreement.

($1 = 0.8644 euros)