Onex, Baring Asia unveil Clarivate Analytics with close of $3.55 bln deal
Canadian private equity firm Onex Corp and Baring Private Equity Asia have wrapped up their acquisition of the intellectual property and science unit of Thomson Reuters. The deal, announced in July, was valued at $3.55 billion and included a US$1.6 million equity investment by Onex and Baring Asia. With the closing, the new owners announced the unit would operate as an independent company known as Clarivate Analytics. It will continue to oversee subscription-based businesses focused on scientific and academic research, patent analytics and regulatory standards, life sciences intelligence, trademark protection, domain brand protection and IP management.
3 October 2016•3 mins read
