---
schema_version: "secwatch.filing_event.v1"
accession: "0001764046-26-000122"
form_type: "8-K/A"
ticker: "CLVT"
cik: "0001764046"
company_name: "CLARIVATE PLC"
filed_at: "2026-10-13T20:25:55+00:00"
generated_at: "2026-10-13T20:27:05.035401+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Clarivate completes $600M LS&H sale to Altaris; pro forma FY25 revenue falls to $2.07B

## Summary
- $600M aggregate price: ~$488.4M cash at close net of costs and working capital adjustment, $75M unsecured senior note, $25M deferred cash due by Jan 31, 2028.
- Pro forma H1 2026 revenue $990.8M vs $1,172.8M historical; pro forma operating income $41.4M vs $(170.0)M loss; diluted EPS $(0.12) vs $(0.48).
- Pro forma FY2025 revenue $2,065.4M (LS&H removed $389.8M); FY2024 $2,137.8M; FY2023 $2,186.0M. LS&H booked as discontinued operations in Q3 2026.
- Proceeds plus $11.6M company cash fund partial redemptions of Senior Secured Notes due 2028 and Senior Notes due 2029; Sept 2026 tender for $75M of 2028 notes.
- Pro forma long-term debt falls to $3.63B from $4.21B; TSA with Altaris covers IT/finance support for 1-12 months; ~$20M transaction costs; sale gain not material.

## SEC filing metadata
- accession: 0001764046-26-000122
- form_type: 8-K/A
- ticker: CLVT
- cik: 0001764046
- company_name: CLARIVATE PLC
- filed_at: 2026-10-13T20:25:55+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1764046/000176404626000122/0001764046-26-000122-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1764046/000176404626000122/clvt-20261006.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001764046-26-000122
- JSON: https://secwatch.observer/filing/0001764046-26-000122.json
- Plain text: https://secwatch.observer/filing/0001764046-26-000122.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.