CLVT - Clarivate and Exor Sign Agreement Under Which Suzanne Heywood Will Be Nominated to Stand for Election to the Company's Board of Directors | Benzinga
Exor becomes a long-term investor in Clarivate, endorsing the strategic direction set out by the Company's Management and Board, and announces it now has a 10.1% shareholding in the Company and can increase its participation up to 17.5%
LONDON and AMSTERDAM, March 4, 2024 /PRNewswire/ -- Clarivate Plc (NYSE:CLVT), a leading global provider of transformative intelligence and Exor N.V. (AEX: EXO), the Netherlands-based diversified holding company, today announced that Suzanne Heywood will be nominated for election to the Clarivate Board of Directors at the Company's next Annual General Meeting of shareholders on May 7, 2024. Under the terms of the agreement, Exor, which now owns 10.1% of Clarivate, may increase its participation up to 17.5% of Clarivate's outstanding ordinary share capital.