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
03-04-24 0903ET