On the wires: MBO target Clipper shines – enough for a big premium?

“The group continues to see impressive revenue and ebit performance in the first six months of the year, largely driven by the particularly strong growth in e-fulfilment and returns management and an improving contribution from our Clicklink Joint Venture.” – Steve Parkin, executive chairman of Clipper, 5 December 2019. 

Our initial take on the numbers can be found here yet more pertinently, given our focus at Premium: What does its latest trading update mean for the buyout of the group? Is ...