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Wolters Kluwer divests French authorized notices company line
DECEMBER 31, 2020 – Wolters Kluwer Authorized & Regulatory announces that it has signed and finished the divestment of its French legal notices company, Annonces & Formalités Légales, to Médialex, section of Sipa-Ouest-France Group.
Annonces & Formalités Légales, which has 34 total-time workers, supports the publication of legal notices and announcements for corporations in France.
The divestment is constant with the system of Wolters Kluwer Authorized & Regulatory to target on experienced data and software package methods in core authorized marketplaces.
About Wolters Kluwer
Wolters Kluwer (WKL) is a worldwide leader in skilled information, computer software alternatives, and expert services for the healthcare tax and accounting governance, danger and compliance and lawful and regulatory sectors. We assistance our shoppers make vital selections each working day by furnishing pro solutions that incorporate deep area expertise with specialized engineering and providers.
Wolters Kluwer described 2019 yearly revenues of €4.6 billion. The team serves consumers in around 180 countries, maintains operations in in excess of 40 nations, and employs about 19,000 persons globally.
The organization is headquartered in Alphen aan den Rijn, the Netherlands. Wolters Kluwer shares are listed on Euronext Amsterdam (WKL) and are integrated in the AEX and Euronext 100 indices. Wolters Kluwer has a sponsored Level 1 American Depositary Receipt (ADR) software. The ADRs are traded on the above-the-counter market place in the U.S. (WTKWY).
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Ahead-hunting Statements and Other Essential Authorized Details
This report has forward-looking statements. These statements could be recognized by text these types of as “expect”, “should”, “could”, “shall” and comparable expressions. Wolters Kluwer cautions
that these kinds of ahead-wanting statements are capable by sure pitfalls and uncertainties that could result in actual effects and events to vary materially from what is contemplated by the forward-hunting statements. Aspects which could result in true effects to vary from these forward-on the lookout statements may well include, with out limitation, typical financial problems problems in the marketplaces in which Wolters Kluwer is engaged habits of buyers, suppliers, and opponents technological developments the implementation and execution of new ICT systems or outsourcing and authorized, tax, and regulatory principles affecting Wolters Kluwer’s companies, as properly as dangers similar to mergers, acquisitions, and divestments. In addition, economic hazards such as forex movements, desire price fluctuations, liquidity, and credit score threats could influence long term results. The foregoing listing of variables should not be construed as exhaustive. Wolters Kluwer disclaims any intention or obligation to publicly update or revise any forward-looking statements, no matter if as a outcome of new details, foreseeable future situations or usually.