- Plastics company RPC Group said potential takeover suitor Apollo Global Management needed yet more time to decide on whether to make a firm bid for the company.

A decision deadline had been extended to 18 January, back from the already-extended deadline of Friday.

'Discussions are well advanced and Apollo has confirmed to RPC that its due diligence is now substantially complete,' RPC said.

It added the customary caveat: 'There can be no certainty that any offer will be made for the company, nor as to the terms on which any offer might be made.'

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