Private equity house lines up takeover bid for Clipper Logistics

UK e-commerce retail supply chain specialist Clipper Logistics has confirmed it is the subject of a possible takeover.
In an announcement to the London Stock Exchange, the group said it had received a bid from private equity house Sun European Partners.
Although it did not disclose the size of the bid, a report on Sky claimed it was in the region of £300m.
“The board of Clipper Logistics notes the press speculation and …

The post Private equity house lines up takeover bid for Clipper Logistics appeared first on The Loadstar.

Source: The Loadstar

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