March 22, 2019 / 7:19 AM / in a month

Plastics maker Berry says not to raise offer for Britain's RPC

March 22 (Reuters) - Plastics maker Berry Global Group Inc said on Friday its 3.34 billion pounds ($4.39 billion) offer for British packaging company RPC Group was final and would not be increased.

RPC Group agreed to the higher takeover offer from Berry for 793 pence per share in cash in early March, ditching a lower bid from Apollo Global Management LLC.

Berry said it reserves the right to increase the offer if another party comes with an offer or a possible offer for RPC.

$1 = 0.7611 pounds Reporting by Arathy S Nair in Bengaluru; Editing by Gopakumar Warrier

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