	banner bnr completes tender for rexnord rex banner industries inc said mln of the outstanding mln shares in rexnord inc were tendered pursuant to its dlr a share offer that closed at midnight est feb together with the five mln rexnard shares it already owns the company said it now holds a pct stake in the company it said the completion of the deal is subject to approval by rexnard holders and to other closing conditions it expects the deal to close in about days reuter 
