Saturday, 29th November 2014

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City News

Friday tips round-up: RPC Group, SSP

Thu, 1st Jan - * After many years, Icelandic packaging manufacturer Promens has been taken over by RPC Group, instead of the other way around, as at one point had seemed possible. The transaction is the British group's fourth this year and values its rival at 307m. The acqusition will be mostly financed through a deeply discounted one-for-three rights issue at 320p.

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