Wolters Kluwer divests French authorized notices enterprise line
DECEMBER 31, 2020 – Wolters Kluwer Authorized & Regulatory proclaims 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 staff, helps the publication of authorized notices and bulletins for companies in France.
The divestment is per the technique of Wolters Kluwer Authorized & Regulatory to give attention to skilled info and software program options in core authorized markets.
About Wolters Kluwer
Wolters Kluwer (WKL) is a world chief in skilled info, software program options, and companies for the healthcare; tax and accounting; governance, threat and compliance; and authorized and regulatory sectors. We assist our prospects make crucial choices day-after-day by offering knowledgeable options that mix deep area data with specialised expertise and companies.
Wolters Kluwer reported 2019 annual revenues of €4.6 billion. The group serves prospects in over 180 international locations, maintains operations in over 40 international locations, and employs roughly 19,000 individuals 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 Necessary Authorized Data
This report incorporates forward-looking statements. These statements could also be recognized by phrases corresponding to “anticipate”, “ought to”, “might”, “shall” and comparable expressions. Wolters Kluwer cautions
that such forward-looking statements are certified by sure dangers and uncertainties that would trigger precise outcomes and occasions to vary materially from what’s contemplated by the forward-looking statements. Components which might trigger precise outcomes to vary from these forward-looking statements could embody, with out limitation, normal financial situations; situations within the markets through which Wolters Kluwer is engaged; conduct of shoppers, suppliers, and opponents; technological developments; the implementation and execution of latest ICT programs 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 corresponding to foreign money actions, rate of interest fluctuations, liquidity, and credit score dangers might affect future outcomes. The foregoing checklist 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 info, future occasions or in any other case.