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International Distributions Services likely to recommend improved £3.5B takeover bid from Daniel Kretinksy, who controls conglomerate EP Group; IDS calls bid 'fair and reflective of the value' of plans for Royal Mail’s European logistics business GLS

Fitch assigns BBB- to Berry Global's proposed seven-year first-lien notes; rating drivers include focus on debt reduction, steady free cash flow, significant diversification and market position post spinoff of home, health and hygiene segment

Oji Holdings establishes Oji Uruguay Forest Co., signs transfer agreement with The Rohatyn Group to acquire forest plantation in Tacuarembo and Rivera departments; move to increase company's total area of overseas production forests by about 41,000 ha.

Fitch withdraws Unilever's ratings after affirming its A rating with stable outlook, ahead of planned separation of ice cream segment by end-2025; ice cream spinoff expected to be neutral to company's credit profile, result in more streamlined group

Fitch affirms Berry Global's issuer default rating at BB+ with stable outlook, expects its debt reduction strategy to bolster company's balance sheet, supported by free cash flow generation and Home, Health and Hygiene segment's spinoff proceeds

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