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RPC Group PLC (RPC.L)

RPC.L on London Stock Exchange

789.46GBp
19 Mar 2019
Change (% chg)

0.26 (+0.03%)
Prev Close
789.20
Open
789.60
Day's High
790.00
Day's Low
788.40
Volume
209,204
Avg. Vol
2,804,044
52-wk High
862.58
52-wk Low
625.20

Latest Key Developments (Source: Significant Developments)

RPC Group Agrees To Be Acquired By U.S.-Based Berry Global
Friday, 8 Mar 2019 

March 8 (Reuters) - RPC Group PLC ::STATEMENT REGARDING WITHDRAWAL OF RECOMMENDATION.RPC BOARD CONCLUDED THAT TERMS OF BERRY OFFER REPRESENT A SUPERIOR OFFER FOR RPC SHAREHOLDERS AS COMPARED WITH APOLLO OFFER.CONFIRMS IT HAS WITHDRAWN ITS RECOMMENDATION OF APOLLO OFFER AND THAT IT INTENDS UNANIMOUSLY TO RECOMMEND BERRY OFFER TO RPC SHAREHOLDERS.  Full Article

Apollo Says Eminence Capital Informed Bidder It Sold Remaining 574,465 Controlled Shares
Tuesday, 12 Feb 2019 

Feb 12 (Reuters) - APOLLO::UPDATE ON LETTER OF INTENT.ON 11 FEBRUARY 2019, EMINENCE CAPITAL INFORMED BIDDER THAT IT HAD SOLD ITS REMAINING 574,465 CONTROLLED SHARES.BIDDER GOT LOI FROM EMINENCE CAPITAL TO VOTE IN FAVOUR OF SCHEME AT COURT MEETING IN RESPECT OF A TOTAL OF 2,996,835 RPC SHARES.  Full Article

Berry Global Group Considering Offer For UK's RPC Group Plc
Thursday, 31 Jan 2019 

Jan 31 (Reuters) - BERRY GLOBAL GROUP :BERRY GLOBAL GROUP RPC GROUP PLC - STATEMENT RE POSSIBLE OFFER.BERRY GLOBAL GROUP SAYS CONSIDERING A POSSIBLE OFFER IN CASH FOR RPC AND HAS REQUESTED DUE DILIGENCE INFORMATION FROM RPC FOR THIS PURPOSE.  Full Article

Apollo Management Says Apollo & Rome UK Bidco Enter Into MOU With Trustees Of BPP Scheme​
Thursday, 24 Jan 2019 

Jan 24 (Reuters) - APOLLO MANAGEMENT ::ROME UK BIDCO ENTERED MOU WITH TRUSTEES OF BRITISH POLYTHENE PENSION SCHEME IN CONNECTION WITH DEAL .STATEMENT RE BPP PENSION SCHEME.MOU WITH TRUSTEES OF BPP SCHEME PROVIDES MITIGATION FOR IMPACT OF DEAL ON BPP SCHEME BY ADDITIONAL CASH CONTRIBUTIONS OF £3.8M.  Full Article

RPC Says HY Adjusted Pretax Profit Fell to 188.9 Mln Stg
Wednesday, 28 Nov 2018 

Nov 28 (Reuters) - RPC Group PLC ::H1 REVENUE ROSE 7 PERCENT TO 1.892 BILLION STG.INTERIM DIVIDEND OF 8.1P UP 4%.HY ADJUSTED PROFIT BEFORE TAX 188.9 MILLION POUNDS VERSUS 193.5 MILLION POUNDS.HY STATUTORY PROFIT BEFORE TAX WAS £154.4M (2017: £161.7M).FINALISED DISPOSAL OF LETICA FOODSERVICE WHILST CONTINUING WITH DISPOSAL OF OTHER NON-CORE BUSINESSES.SIGNIFICANT ORGANIC GROWTH IN CHINA AND US DUE TO HIGHER ADDED VALUE PRODUCTS IN HY.  Full Article

Canyon Capital Advisors Discloses A 5.06 Pct Stake In RPC - Filing
Wednesday, 12 Sep 2018 

Sept 12 (Reuters) - RPC Group PLC ::CANYON CAPITAL ADVISORS DISCLOSES A 5.06 PERCENT STAKE IN RPC GROUP PLC - FILING.  Full Article

RPC Agrees To Sale Of Letica's Foodservice Business For $95 Mln
Tuesday, 28 Aug 2018 

Aug 28 (Reuters) - RPC Group PLC ::REACHED BINDING AGREEMENT WITH GRAPHIC PACKAGING INTERNATIONAL LLC FOR SALE OF FOODSERVICE BUSINESS OF LETICA CORPORATION FOR $95 MILLION.ACQUISITION ON A PRE-TAX CASH FREE, DEBT FREE BASIS.PREPARATIONS FOR SALE OF SPIRITS CLOSURES BUSINESS AT BRIDGE OF ALLAN, SCOTLAND, ARE COMPLETE.PREPARATIONS FOR SALE OF EUROPEAN INJECTION MOULDING AUTOMOTIVE BUSINESS HAVE STARTED.THERE IS CONTINUATION OF SIGNIFICANT UNDER-PERFORMANCE AT OPERATION IN ZEVENAAR DUE TO COST INEFFICIENCIES.  Full Article

Graphic Packaging says subsidiary to buy Letica Foodservice for $95 mln
Tuesday, 28 Aug 2018 

Aug 28 (Reuters) - Graphic Packaging Holding Co ::GRAPHIC PACKAGING ANNOUNCES ACQUISITION OF LETICA FOODSERVICE ASSETS, EXPANDING ITS GROWING PAPERBOARD-BASED FOODSERVICE PLATFORM IN NORTH AMERICA.GRAPHIC PACKAGING HOLDING CO - DEAL FOR $95 MILLION.  Full Article

RPC Group Says Revenue For Full Year Is Expected To Have Grown Significantly Versus Last Year​
Thursday, 29 Mar 2018 

March 29 (Reuters) - Rpc Group Plc ::‍REVENUE FOR FULL YEAR IS EXPECTED TO HAVE GROWN SIGNIFICANTLY VERSUS LAST YEAR​.‍PROFITABILITY AND CASH GENERATION ARE EXPECTED TO BE IN-LINE WITH MANAGEMENT EXPECTATION FOR PERIOD FROM 1 APRIL 2017 TO TODAY​.  Full Article

RPC Group Says Q3 Revenue Of 898 Mln Pounds
Thursday, 1 Feb 2018 

Feb 1 (Reuters) - RPC Group Plc ::Q3 REVENUE 898 MILLION STG.‍REVENUE FOR QUARTER ENDED 31 DECEMBER 2017 WAS £898M, REPRESENTING 31% GROWTH VERSUS Q3 LAST YEAR​.‍AS AT END OF Q3 YEAR TO DATE ORGANIC GROWTH RATE WAS 2.6%​.‍FOR YEAR TO 31 MARCH 2018 IT IS CURRENTLY EXPECTED THAT US REFORMS WILL HAVE A SMALL POSITIVE IMPACT ON GROUP'S ADJUSTED EFFECTIVE TAX RATE​.‍FOR YEAR TO 31 MARCH 2019 IT IS CURRENTLY EXPECTED THAT CHANGES WILL REDUCE GROUP'S ADJUSTED EFFECTIVE TAX RATE BY APPROXIMATELY 1%​.  Full Article

Berry Global trumps Apollo with $4.37 billion offer for RPC

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.