Claranova enters into exclusive discussions for potential sale of its PlanetArt Division
Claranova announced the company has entered into exclusive discussions with General Atlantic Credit’s Atlantic Park fund and the management team of PlanetArt for the potential sale of its PlanetArt division. This potential transaction would value the division at approximately $160 million US on a cash-free, debt-free basis (or approximately US $180 million of equity value, including excess cash and intercompany...
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