Clarkson Plc's share price crashed Monday after the London-based shipbroker announced that profits for the year are now forecast to come in below expectations. Clarkson's blamed the "challenging environment" in shipping and offshore. The warning caused company's share price to tank nearly 30% before rebounding slightly on Monday. Clarkson's shares trade on the London … [Read more...]
UK Shipping Firm Clarkson Falls Victim to Cyber Attack
Nov 29 (Reuters) - British shipping services provider Clarkson Plc on Wednesday said it was the victim of a cyber security hack and warned that the person or persons behind the attack may release some data shortly. The company's disclosure, while a relatively rare event in Britain, follows a series of high-profile hacks in corporate America. Clarkson is one of the world's … [Read more...]
Clarksons Seeking $441 Million Acquisition of RS Platou
By Jonathan Saul LONDON, Nov 25 (Reuters) - Top ship broker Clarkson is seeking to acquire Norwegian brokerage and investment bank RS Platou for 281.2 million pounds ($441 million) in a deal that would create one of the sector's biggest players globally. The deal would be the latest in an industry which has suffered one of its worst-ever downturns in the past five years. … [Read more...]
Shipbroking M&A Heating Up – ICAP In Talks With Howe Robinson
By Naomi Christie Nov. 19 (Bloomberg) -- ICAP Plc said it’s in talks to combine its shipbroking unit with Howe Robinson Group Pte. Ltd. The newly formed company is set to be operating in next year’s second quarter, London-based ICAP, the world’s largest broker of transactions between banks, said today in a statement. The shipbroking unit has more than 230 workers … [Read more...]
World’s Largest Shipbroker Clarksons in Talks to Buy RS Platou
By Rupert Rowling Nov. 14 (Bloomberg) -- Clarkson Plc, the world’s largest shipbroker, is in talks about purchasing Norway’s RS Platou ASA, a transaction that would create a business with double the sales of its closest publicly traded competitor. Clarkson, which is based in London, said in a regulatory statement that it’s in talks to purchase all of the Oslo-based firm’s … [Read more...]