Hints and tips:
...The UK packaging industry aside, most of this year’s M&A action is happening across the Atlantic, with the US pulling its weight....
...The firm also owns assets including a minority stake in advisory firm Brunswick Group....
...The $598bn investment firm has also failed to follow through on deals for publisher Pearson, gambling company William Hill and packaging business RPC Group.Apollo is considered to be one of the buyout industry...
...Next, packaging. Not what you’d normally expect for a cake, the Judge reckons. Next, marketing....
...The provider of printing inks and coatings for packaging and labels built Packiro, a platform that consolidates packaging demand from companies with small-batch needs and connects them to print shops....
...“A group of soldiers were huddled saying Psalm 91,” she says, “and they were one of the few groups of soldiers saved on that day.”...
...It arranges funding for companies either through a bank it owns in Germany or by packaging these supplier bills up into bond-like investments for the Credit Suisse funds....
...Evidently, there is a much wider group of whistlers willing to work hard for the money....
...The company, VentureMFO LLC, is in the database as borrowing between $5m and $10m, the maximum amount available, and retaining a single employee....
...A rival bidder, US packaging maker Berry Group, has emerged, however. In theory, Berry could trump Apollo’s bid by one penny. Despite the attention, RPC’s share price is in a funk....
...Europe’s packaging sector is in a period of consolidation, with companies bulking up to better serve consumer goods groups who want to deal with fewer suppliers....
...Berry Global Group, the US plastic packaging company, is seeking to gatecrash the £3.3bn takeover of its UK competitor RPC by a private equity firm....
...Royal London Asset Management, the UK fund group with £117bn under management, was critical....
...That may look healthy, but not for a PE group unless it can easily extract more savings, which, in turn, could increase RPC’s value to a competitor....
...And it seems her horror story should have been required reading for the private equity bods at Apollo, as they planned their £3.3bn bid for UK packaging group RPC....
...It is led by Scott Kerson, formerly head of commodities at Man Group’s AHL unit....
...RPC Group, one of Europe’s largest plastic packaging manufacturers, said on Monday it is in talks with private equity about two potential buyout offers, as government environmental crackdowns have strained...
...Shoppers have shifted towards fresher and healthier produce and away from processed food, while costs for packaging, ingredients and transport have risen....
...The company is faced with declining demand for its flagship canned soups amid a flight to healthier alternatives, and rising costs for packaging, ingredients and transport....
...IPC is small in Europe and packaging, but big in the Americas, where Smurfit is weak....
...Packaging company Orora was the best performer, adding 3.6 per cent to hit a record high....
...The group said it would “significantly expand” the number of US employees from 50 over the next two years, with Xu Ming, Cheetah’s president, adding that the company “must succeed in the US because the US...
...Dow’s petrochemical operations provide the inputs used in DuPont’s ethylene copolymers, used in everything from food packaging to golf balls....
...is paying $39 a month to ride along with the group in Manhattan....
...In June, Goldman Sachs launched an Italian CMBS deal, based on a loan to US group Apollo, which was subsequently put on hold and is yet to be closed....
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