Wolters Kluwer divests French authorized notices enterprise line
DECEMBER 31, 2020 – Wolters Kluwer Authorized & Regulatory declares that it has signed and accomplished the divestment of its French authorized notices enterprise, Annonces & Formalités Légales, to Médialex, a part of Sipa-Ouest-France Group.
Annonces & Formalités Légales, which has 34 full-time workers, helps the publication of authorized notices and bulletins for companies in France.
The divestment is in line with the technique of Wolters Kluwer Authorized & Regulatory to deal with skilled data and software program options in core authorized markets.
About Wolters Kluwer
Wolters Kluwer (WKL) is a world chief in skilled data, software program options, and companies for the healthcare; tax and accounting; governance, threat and compliance; and authorized and regulatory sectors. We assist our clients make essential choices day by day by offering skilled options that mix deep area information with specialised expertise and companies.
Wolters Kluwer reported 2019 annual revenues of €4.6 billion. The group serves clients in over 180 nations, maintains operations in over 40 nations, and employs roughly 19,000 folks worldwide.
The corporate is headquartered in Alphen aan den Rijn, the Netherlands. Wolters Kluwer shares are listed on Euronext Amsterdam (WKL) and are included within the AEX and Euronext 100 indices. Wolters Kluwer has a sponsored Degree 1 American Depositary Receipt (ADR) program. The ADRs are traded on the over-the-counter market within the U.S. (WTKWY).
Ahead-looking Statements and Different Essential Authorized Info
This report accommodates forward-looking statements. These statements could also be recognized by phrases reminiscent of “anticipate”, “ought to”, “may”, “shall” and related expressions. Wolters Kluwer cautions
that such forward-looking statements are certified by sure dangers and uncertainties that might trigger precise outcomes and occasions to vary materially from what’s contemplated by the forward-looking statements. Elements which may trigger precise outcomes to vary from these forward-looking statements could embrace, with out limitation, normal financial situations; situations within the markets during which Wolters Kluwer is engaged; conduct of shoppers, suppliers, and opponents; technological developments; the implementation and execution of recent ICT methods or outsourcing; and authorized, tax, and regulatory guidelines affecting Wolters Kluwer’s companies, in addition to dangers associated to mergers, acquisitions, and divestments. As well as, monetary dangers reminiscent of foreign money actions, rate of interest fluctuations, liquidity, and credit score dangers may affect future outcomes. The foregoing record of things shouldn’t be construed as exhaustive. Wolters Kluwer disclaims any intention or obligation to publicly replace or revise any forward-looking statements, whether or not because of new data, future occasions or in any other case.