Sun Capital Partners Group VII, LLC made a preliminary approach to acquire Clipper Logistics plc (LSE:CLG) on November 20, 2019. Clipper Logistics plc is now being considered to be in an offer period. As of December 18, 2019, the Board of Clipper has requested that the Panel on Takeovers and Mergers (the "Panel") extend the PUSU Deadline. In the light of this request, an extension has been granted by the Panel and Sun Capital Partners Group VII, LLC is required, by not later than January 15, 2020, either to announce a firm intention to make an offer or to announce that it does not intend to make an offer. Stuart Skinner, Tom Ballard and Kevin Cruickshank of Numis acted as financial advisors to Clipper Logistics plc. Sun Capital Partners Group VII, LLC cancelled the acquisition of Clipper Logistics plc (LSE:CLG) on January 15, 2020. Sun Capital Partners Group VII, LLC does not intend to make an offer for Clipper Logistics plc.