Clarivate Analytics (CCC) Announces Proposed 14M Share Offering

Clarivate Plc (NYSE: CCC) announced today that Clarivate intends to offer 14 million ordinary shares, and affiliated shareholders of Onex Corporation and Baring Private Equity Asia (BPEA) and certain other shareholders intend to offer 26 million ordinary shares in an underwritten public offering. Certain of the selling shareholders are expected to grant the underwriters an option to purchase up to 6 million additional ordinary shares.

Clarivate intends to use its net proceeds from the offering for general corporate purposes. Clarivate will not receive any proceeds from the sale of ordinary shares by the selling shareholders.

Citigroup Global Markets Inc. and Goldman Sachs and Co. LLC are acting as joint book-running managers for the offering.

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