Packaging firm to be sold to US private equity house for £3.3bn

An East Midlands packaging firm looks set to be sold in a £3.3bn deal. RPC, which is based in Rushden, will be snapped up by New York head-quartered Apollo Global Management, a private equity firm. The deal would end weeks of talks over the sale of RPC. Now, the directors of the firm have recommended unanimously to shareholders that they vote in favour of the deal. RPC said last Friday that the deadline for Apollo Global to make a bid has been been extended until today (23 Janaury). Jamie Pike, chairman of RPC, said: "The... For the full story register now for free or login below...
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