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RPC confirms Berry Global is still in the takeover battle

Published: 19:10 19 Feb 2019 AEDT

Takeover bid
The Takeover Panel will announce the deadline by which Berry must clarify its intentions in relation to RPC

RPC Group PLC (LON:RPC) is sending shareholders details of the agreed bid by Apollo Management while continuing to talk to rival bidder, Berry Global Group.

The FTSE 250 packaging group is sending shareholders a circular containing, among other things, a letter from the chairman of RPC, the full terms and conditions of the scheme under which the recommended acquisition by Apollo would be affected, a statutory explanatory statement, and an expected timetable of principal events.

READ: RPC reports third quarter revenue growth as takeover battle heats up

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