Exor Becomes Shareholder In Data Analytics Company Clarivate
Provided by
Dow Jones
By David Sachs
Exor is now a long-term investor in data analytics company Clarivate.
The Netherlands-based investment firm said Monday that it has taken a 10.1% stake in the British-American firm, with an option to reach 17.5%. The deal endorses the strategic direction of Clarivate, Exor said.
Exor Chief Operating Officer, Suzanne Heywood, will be nominated for election as a member of Clarivate's board of directors, the company said.
Write to David Sachs at david.sachs@wsj.com
(END) Dow Jones Newswires
March 04, 2024 09:03 ET (14:03 GMT)
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