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