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Sun Capital and Clipper Logistics end talks without deal
StreetTalk – Episode 70: Banks' Liquidity Conundrum Could Fuel M&A Activity
Street Talk Episode 70 - Banks' Liquidity Conundrum Could Fuel M&A Activity
StreetTalk – Episode 69: Banks left with pockets full of cash and few places to go
Street Talk – Episode 69: Banks left with pockets full of cash and few places to go
Sun Capital Partners will not make an offer for Clipper Logistics PLC as the parties could not reach an agreement.
The board of Clipper confirmed the discussions took place between the two companies for a possible merger and said it sought the views of numerous independent shareholders.
Clipper previously confirmed the media reports of an offer from Sun in November.