Davis Polk Advises Clarivate Analytics Plc on $559 Million Offering of Its Ordinary Shares

Davis Polk advised Clarivate Analytics Plc in connection with the $559 million SEC-registered offering of 27,600,000 of its ordinary shares. The ordinary shares are listed on the New York Stock Exchange under the symbol “CCC.”

Clarivate intends to use the net proceeds from this offering to fund a portion of the cash consideration for its acquisition of Decision Resources Group.

Clarivate Analytics Plc is a multinational company that owns and operates a collection of subscription-based services focused largely on analytics, including scientific and academic research, patent analytics, regulatory standards, trademark protection, pharmaceutical and biotechnology intelligence, domain brand protection and intellectual property management.

The Davis Polk capital markets team included partner Joseph A. Hall and associates Dan Gibbons, Rahul K. Patel and Charles York. The U.S. tax team consisted of partner Michael Mollerus and associate Ariel David Siman and partner Jonathan Cooklin and counsel Dominic Foulkes provided English tax advice. Partner Kyoko Takahashi Lin advised on executive compensation matters. Counsel Sarah E. Kim  advised on investment management matters. Members of the Davis Polk team are based in the New York and London offices.