Clarivate (CLVT) Prices 25M Share Secondary Offering

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Go back to Clarivate (CLVT) Prices 25M Share Secondary Offering

Clarivate Announces Pricing of Secondary Ordinary Share Offering

September 10, 2021 7:30 AM EDT

LONDON, Sept. 10, 2021 /PRNewswire/ -- Clarivate Plc (NYSE: CLVT) (the "Company" or "Clarivate") announced today that affiliated funds of Onex Corporation ("Onex") (TSX: ONEX) and Baring Private Equity Asia Group Ltd ("BPEA") (together, the "Selling Shareholders") have priced an underwritten public offering of an aggregate of 25,000,000 ordinary shares of the Company. The offering is expected to close on September 14, 2021, subject to customary closing conditions. In addition, the Selling Shareholders granted the underwriters a 30-day option to purchase up to an additional 3,750,000 ordinary shares. Clarivate... More