Clarksons shareholders okay RS Platou buy

Shareholders of London-based shipbroker Clarkson PLC have approved the proposed USD 441 million acquisition of  the entire issued share capital of the Norwegian RS Platou ASA.

According to Clarksons, the combination of the groups will create a leading global shipping and offshore services

business headquartered in London and employing approximately 1,400 people in 21 countries in key global financial and shipping centres.

Andi Case, Clarkson PLC’s Chief Executive Officer, said: “The combination of these two market leading heritage brands will position the enlarged group as the world’s leading shipping and offshore broker and specialist investment bank. Strategically the combination of Clarksons and RS Platou ASA is compelling as they are highly complementary with little overlap and combine two teams with similar cultures, experience and vision. The enhanced global platform will enable us to further deliver improved integrated services to existing as well as new clients whilst also providing our staff additional opportunities.”