Clipper Logistics and GXO reach agreement on cash and share offer
Clipper Logistics is set to recommend a cash and share offer from GXO to its ...
This story, originally from Yorkshire’s Business Post, reveals that Clipper Logistics is again considering a flotation. Although there has been some interest from foreign groups looking for acquisitions, it is believed that the founder is keen to grow the business, which is thought could be valued at about £120m. Clipper specialises in retail, and works with groups including John Lewis and ASOS.
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