Advertisement
UK markets close in 2 hours 44 minutes

  • FTSE 100

    8,302.49
    +89.00 (+1.08%)
     

  • FTSE 250

    20,406.40
    +241.86 (+1.20%)
     

  • AIM

    777.66
    +6.13 (+0.79%)
     

  • GBP/EUR

    1.1642
    -0.0018 (-0.15%)
     

  • GBP/USD

    1.2553
    -0.0011 (-0.09%)
     

  • Bitcoin GBP

    50,666.46
    -151.63 (-0.30%)
     

  • CMC Crypto 200

    1,317.17
    -47.96 (-3.51%)
     

  • S&P 500

    5,180.74
    +52.95 (+1.03%)
     

  • DOW

    38,852.27
    +176.59 (+0.46%)
     

  • CRUDE OIL

    78.18
    -0.30 (-0.38%)
     

  • GOLD FUTURES

    2,323.20
    -8.00 (-0.34%)
     

  • NIKKEI 225

    38,835.10
    +599.03 (+1.57%)
     

  • HANG SENG

    18,479.37
    -98.93 (-0.53%)
     

  • DAX

    18,290.98
    +115.77 (+0.64%)
     

  • CAC 40

    8,025.57
    +28.93 (+0.36%)
     
Money:

The retirement income gap no-one is talking about

People are living longer than ever before and this can impact how you plan for retirement

Packaging maker RPC to buy Hong Kong-based peer for $430 mln

Reuters - UK Focus

May 1 (Reuters) - Plastic-packaging maker RPC Group Plc (LSE: RPC.L - news) said it would buy Hong Kong-based ACE Corporation Holdings Ltd for as much as $430 million.

RPC (NYSE: RES - news) , which makes packaging for Nivea beauty products and Nescafe Dolce Gusto coffee-machine capsules, said it would pay an initial sum of $301 million for ACE, which also makes plastic packaging.

RPC will pay up to an additional $129 million should ACE meet a specified growth target over the four years ending Dec. 31, 2017. (Reporting by Tasim Zahid in Bangalore; Editing by Robin Paxton)