Wolters Kluwer divests French authorized notices enterprise line
DECEMBER 31, 2020 – Wolters Kluwer Authorized & Regulatory pronounces 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 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 providers for the healthcare; tax and accounting; governance, danger and compliance; and authorized and regulatory sectors. We assist our prospects make important choices daily by offering professional options that mix deep area information with specialised know-how and providers.
Wolters Kluwer reported 2019 annual revenues of €4.6 billion. The group serves prospects in over 180 nations, maintains operations in over 40 nations, 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 Stage 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 Vital Authorized Data
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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. Components which may trigger precise outcomes to vary from these forward-looking statements could embrace, with out limitation, basic financial situations; situations within the markets through which Wolters Kluwer is engaged; habits of consumers, suppliers, and opponents; technological developments; the implementation and execution of latest 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 equivalent to forex 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 on account of new info, future occasions or in any other case.