M&A
confidence high
sentiment positive
materiality 0.85
Clarivate sells Life Sciences & Healthcare segment to Altaris for $600M
CLARIVATE PLC
- Deal value $600M: $500M cash at close, $25M deferred cash, $75M seller note.
- Proceeds to reduce debt; transaction expected to close by end of 2026.
- Reaffirms FY2026 outlook; LS&H to be classified as discontinued ops from Q3.
- Expects non-cash goodwill impairment of $225-250M on LS&H segment.
- Company sharpens focus on Academia & Government and Intellectual Property segments.