Claranova enters negotiations to sell PlanetArt Division for up to $160 million
PARIS: Claranova, a technology group, has announced it is in exclusive negotiations with General Atlantic Credit’s Atlantic Park fund and PlanetArt’s Management Team for the potential sale of its PlanetArt division. The transaction could value PlanetArt at $160 million on a cash-free, debt-free basis, or approximately $180 million of equity value including excess cash and…