World Markets

RPC pushes deadline for Apollo to make offer

Dec 21 (Reuters) - RPC Group Plc on Friday yet again pushed the deadline by which Apollo Global Management must make a firm offer to buy the London-listed plastics packaging firm or walk away.

The fourth such extension of the deadline gives the U.S. private equity firm time until Jan. 18 to make a firm buyout offer.

"Discussions are well advanced and Apollo has confirmed to RPC that its diligence is now substantially complete," RPC said in a statement.

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