StockMarketWire.com - Plastic products manufacturer RPC Group said Bain Capital was no longer pursuing a takeover of the company, leaving Apollo Global Management is its remaining potential suitor.

RPC had previously announced that it was in discussions with each of Apollo and Bain, which both had to make a firm intention to bid for the company by Monday under UK takeover rules.

Discussions with Bain had been terminated but discussion remained ongoing with Apollo.

RPC said it had been granted an extension by UK regulators to keep talking o Apollo, which now had until 21 December to table a firm offer for the group.




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