---
title: "Clarivate to sell life sciences unit to Altaris for $600M, refocus core business"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/292393188.md"
description: "Clarivate (NYSE:CLVT) agreed to sell its Life Sciences & Healthcare segment to Altaris for $600 million, aiming to refocus on Academia & Government and Intellectual Property units. The deal, expected to close by year-end, involves $525 million in cash and a $75 million seller note. Proceeds will retire 2028/2029 notes, reducing net leverage by ~1.5x. Clarivate anticipates improved profit margins, lower capital spending, and sustained free cash flow post-divestiture."
datetime: "2026-07-12T05:51:48.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/292393188.md)
  - [en](https://longbridge.com/en/news/292393188.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/292393188.md)
generator: "portal-rs"
---

# Clarivate to sell life sciences unit to Altaris for $600M, refocus core business

Bargains Galore? 3 Stocks With Insider Buying in the Millions Clarivate (NYSE:CLVT) said it has reached an agreement to sell substantially all of its Life Sciences & Healthcare segment to Altaris, an investment firm focused on the healthcare industry, in a transaction valued at $600 million. Chief Executive Officer Matti Shem Tov said on a conference call that the deal is expected to close by year-end, subject to customary regulatory approvals...

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**