RPC Group PLC (RPC.L)
British packaging company RPC Group has agreed to a higher takeover offer from plastics maker Berry Global Group Inc worth 3.34 billion pounds ($4.37 billion), and has ditched a lower bid from Apollo Global Management LLC.
* Analysts say market expected higher offer (Adds analyst comments, share price)
March 8 British packager RPC Group Plc said on Friday it had agreed to be acquired by plastics maker Berry Global Group, ditching an earlier offer made by Apollo Global Management LLC in January.
Feb 1 Europe's biggest plastic packaging company RPC Group Plc reported a flat quarterly operating profit on Friday and said it was stockpiling at manufacturing sites to prevent any disruption from Brexit.
Feb 1 Plastic packaging company RPC Group Plc said on Wednesday that quarterly operating profit was flat, compared with a year earlier and that it was increasing its stocks at manufacturing sites to prevent any disruption from Brexit.
Jan 21 Private equity company Apollo Global Management LLC is in advanced talks to buy Europe's biggest plastics packaging maker RPC Group Plc for more than $3.8 billion, the Wall Street Journal reported https://on.wsj.com/2RHnm0W on Monday, citing people familiar with the matter.
* Interserve up 3.3 pct after rescue plan news (Adds company news item, quote, updates share moves)
Dec 3 RPC Group Plc said on Monday it had ended talks on a takeover with U.S. private equity firm Bain Capital, leaving Apollo Global Management in the lead to buy Europe's biggest plastics packager and sending its shares lower.
RPC Group Plc has ended talks to be taken over by U.S. private equity firm Bain Capital, it said on Monday, leaving Apollo Global Management in the lead to buy Europe's biggest plastics packager.
Dec 3 RPC Group Plc said on Monday it had ended talks to be taken over by Bain Capital, leaving Apollo Global Management in the lead to buy Europe's biggest plastics packager.