Ashurst advised Nomura International plc ("Nomura") and Panmure Gordon (UK) Limited ("Panmure Gordon") on the £281 million reverse takeover by Clarkson PLC ("Clarkson") of RS Platou ASA and Clarkson's related cash box placing. Nomura acted as Clarkson's sponsor and financial adviser in relation to the reverse takeover. Panmure Gordon acted as Clarkson's sole bookrunner in connection with a cash box placing of up to 8.5 per cent. of Clarkson's issued share capital, raising gross proceeds of approximately £31 million. The placing proceeds will be used to part fund the acquisition.

Clarkson is a leading global ship broker and provider of integrated shipping services and is listed on the London Stock Exchange. RS Platou ASA, headquartered in Norway, is a leading international ship and offshore broking group.

The Ashurst team was led by corporate partner Jonathan Parry, assisted by senior associate Dominic Ross, and associate Deena McCabe. US securities law advice and tax advice was provided by senior associate Jessie Heners and associate Ceri Stoner, respectively. Corporate counsel Caroline Chambers also advised on the transaction.