Edition:
India

Wolters Kluwer Sells 40% Stake In Austrian Information Services Specialist


Thursday, 2 May 2019 

May 2 (Reuters) - WOLTERS KLUWER NV ::REG-WOLTERS KLUWER HAS SOLD 40% STAKE IN AUSTRIAN INFORMATION SERVICES SPECIALIST.SOLD ITS 40% INTEREST IN MANZ'SCHE VERLAGS- UND UNIVERSITÄTSBUCHHANDLUNG GMBH FOR EUR 17 MILLION IN CASH.TRANSACTION WILL HAVE AN IMMATERIAL IMPACT ON ADJUSTED EARNINGS.TRANSACTION WILL RESULT IN A NET CAPITAL GAIN OF APPROXIMATELY EUR 7 MILLION.NET CAPITAL GAIN TO BE INCLUDED IN REPORTED EARNINGS. 

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19 Jul 2019