Berry Global announces 793 pence per RPC share bid as final offer
Berry Global's Berry Bidco announces that its recommended offer of 793 pence in cash per RPC share is declared final and will not be increased, except that Berry Bidco reserves the right to increase the amount of the consideration if there is an announcement on or after the date hereof of an offer or a possible offer for RPC by a third party offeror or potential offeror. "Berry Bidco has made good progress in relation to the Acquisition and confirms that all regulatory filings in relation to the Acquisition have been submitted to the relevant authorities. Berry Bidco's expectation is that the Acquisition will close early in the third quarter of 2019. RPC is expected to post the scheme document to RPC shareholders on Tuesday 26 March and to hold its shareholder meetings to approve the Acquisition on Thursday 18 April," the company stated.