Recommended Cash Offer for Clipper plc
7th December 2009
Zeus Capital are pleased to announce that they advised Clipper plc on the recommended Cash Offer by Race Bidco plc.
The offer valued the entire share capital at £1.95million.
Clipper is an international marine events company that was founded by Sir Robin Knox-Johnston in 1995. Clipper has, for a number of years, staged the “Clipper Round the World Yacht Race” and the “VELUX 5 OCEANS” single handed round-the-world race. In addition to these core events, Clipper also operates a training division and an hospitality and events division.
Zeus Capital acted as Rule 3 Advisor to Clipper plc.