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The combined entity is expected to provide end-to-end global solution covering the entire innovation and intellectual property lifecycle.
It expects to obtain long-term financing with a new debt issuance before the closing of the transaction, which is expected to occur in the fourth quarter, subject to customary closing conditions including regulatory approvals.
The private equity firm will have the right to appoint two directors to the Clarivate board, expanding it to 13 members. Thank you. We look forward to partnering with Usama Cortas and Adam Levyn, our newest board members from LGP, as we continue to execute on our growth strategy.
Concurrent with the closing of the transaction, the Clarivate board of directors increased from 11 to 13 members. The full year outlook does not reflect any impact from the acquisition of CPA Global, and assumes no further currency movements, acquisitions, divestitures, or unanticipated events.
Clarivate expects to provide its full year outlook reflecting the acquisition of CPA Global at its Investor Day, which will be held on November 10, These terms are defined elsewhere in this press release.
Our scenario assumptions include: 1 a gradual lifting of restrictions governing the free movement of labor in mid-to-late third quarter of ; and 2 economic activity begins to recover early in the fourth quarter of Adjusted diluted EPS for is calculated based on approximately The increase in shares is primarily driven by the February offering of Executive Leadership.
Customer Delight. We have brought together a unique set of capabilities that enable companies to realize the full value of intellectual property, across the entire IP lifecycle. Get product support. Contact us. Blog Keep up with the latest news, insights and research from Clarivate. The long-serving boss of Cobepa, Jean-Marie Laurent Josi talks about the business model of a Belgian investment firm that is trusted by major European families, one which marries t New paradigms have become apparent and structural changes are predicted.
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