UTC bails out Clipper Wind power
The 65p-per-share deal values the struggling Aim-listed wind turbine manufacturer at £139.5m. This is a 48pc premium on its share price before an approach was made in September.
UTC, a $60bn (£38bn) industrial giant, made its first investment in Clipper last year, paying £126m for just under half of the company. After that, the value of [...]
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