Clarivate to acquire ProQuest

London, UK, May 17, 2021—Clarivate plc, [...] today announced a definitive agreement to acquire ProQuest [...] from Cambridge Information Group, a family-owned investment firm, and other partners including Atairos, for $5.3 billion, including refinancing of ProQuest debt. The consideration for the acquisition is approximately $4.0 billion in cash and $1.3 billion of equity. The transaction, which is subject to customary closing conditions, including regulatory approvals, is expected to close during the third quarter of 2021. [...]