Frustration in Europe’s levfin market as Berry triumphs in RPC acquisition
Romolo Tavani/Romolo Tavani - stock.adobe.com
News that UK plastic packaging producer RPC’s board had approved the bid of US rival Berry Global Group has been met with disappointment in Europe’s leveraged finance market, which had been gearing up to finance a £3.32bn leveraged buyout of RPC by US private equity firm Apollo.
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