Du är här


Wolters Kluwer NV: Wolters Kluwer Legal & Regulatory Solutions in Agreement to Divest 55% Stake in Russian Entity

September 3, 2015 - Wolters Kluwer Legal&Regulatory Solutions has signed an
agreement to sell its 55% interest in Wolters Kluwer Russia Publishing
Holding to the company's minority shareholders. This holding company owns
100% of the Russian legal and regulatory business, MCFR.

The divestment, which is subject to closing conditions and is expected to
close in the near term, has been precipitated by impending limits on foreign
ownership in Russian media companies.

In 2014, the Russian business was fully consolidated in the Wolters Kluwer
accounts and had revenues of €39 million. The divestment is expected to
result in a one-time net loss of approximately €18 million, of which the
majority is foreign exchange related. Terms of the agreement have not been

About Wolters Kluwer

Wolters Kluwer is a global leader in professional information services.
Professionals in the areas of legal, business, tax, accounting, finance,
audit, risk, compliance and healthcare rely on Wolters Kluwer's market
leading information-enabled tools and software solutions to manage their
business efficiently, deliver results to their clients, and succeed in an
ever more dynamic world.

Wolters Kluwer reported 2014 annual revenues of €3.7 billion. The group serves
customers in over 170 countries, and employs 19,000 people worldwide. The
company is headquartered in Alphen aan den Rijn, the Netherlands.

Wolters Kluwer shares are listed on Euronext Amsterdam (WKL) and are included
in the AEX and Euronext 100 indices. Wolters Kluwer has a sponsored Level 1
American Depositary Receipt program. The ADRs are traded on the
over-the-counter market in the U.S. (WTKWY).

For more information about our products and organization,
visitwww.wolterskluwer.com, follow @Wolters_Kluwer onTwitter, like us
onFacebook, follow us onLinkedIn, or follow WoltersKluwerComms onYouTube.

| Media Contact: Investors/Analysts: |
| |
|Leslie Bonacum |
|Legal&Regulatory Solutions Communications Meg Geldens |
|+1 847-267-7153 Investor Relations |
|Leslie.bonacum@wolterskluwer.com + 31 (0)172 641 407 |
| ir@wolterskluwer.com |
Forward-looking Statements
This report contains forward-looking statements. These statements may be
identified by words such as "expect", "should", "could", "shall" and similar
expressions. Wolters Kluwer cautions that such forward-looking statements are
qualified by certain risks and uncertainties that could cause actual results
and events to differ materially from what is contemplated by the
forward-looking statements. Factors which could cause actual results to
differ from these forward-looking statements may include, without limitation,
general economic conditions; conditions in the markets in which Wolters
Kluwer is engaged; behavior of customers, suppliers, and competitors;
technological developments; the implementation and execution of new ICT
systems or outsourcing; and legal, tax, and regulatory rules affecting
Wolters Kluwer's businesses, as well as risks related to mergers,
acquisitions, and divestments. In addition, financial risks such as currency
movements, interest rate fluctuations, liquidity, and credit risks could
influence future results. The foregoing list of factors should not be
construed as exhaustive. Wolters Kluwer disclaims any intention or obligation
to publicly update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise.

PDF version of Press Release


This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Wolters Kluwer NV via Globenewswire


Författare Hugin

Tala om vad ni tycker

Tala om vad ni tycker

Ni är just nu inne på en betaversion av nya aktiespararna. Lämna gärna feedback på vad ni tycker i formuläret nedan.