Wolters Kluwer Divests Best Case Solutions Inc.
(Thomson Reuters ONE) -
Alphen aan den Rijn and New York, (April 29, 2013) - Wolters Kluwer Legal &
Regulatory today announced the sale of Best Case Solutions Inc., a producer of
bankruptcy preparation and filing software for law firms representing personal
and corporate debtors. Wolters Kluwer Legal & Regulatory is a division of
Wolters Kluwer.
"For Wolters Kluwer Legal & Regulatory, this divestiture supports the strategy
of our U.S.-based Law & Business unit to focus more sharply on its most scalable
businesses, concentrating investment on core markets where competitiveness and
opportunities for long-term growth are the greatest. This includes securities
law, mergers and acquisitions law, anti-trust law, intellectual property, and
other areas of the legal and regulatory compliance market" said Stacey Caywood,
CEO of Wolters Kluwer Legal & Regulatory.
Proceeds will be used for general corporate purposes. Terms of the deal were not
disclosed.
About Wolters Kluwer Legal & Regulatory
Wolters Kluwer Legal & Regulatory provides customers around the world with
expert content, solutions, software, and services in the areas of law, business,
and regulatory compliance. It has operations in North America, Europe, and Asia
Pacific. The primary customers of Wolters Kluwer Legal & Regulatory include law
firms, corporate law departments, business compliance professionals, corporate
legal counsels, legal educators, universities, libraries, and government
agencies.
Wolters Kluwer Legal & Regulatory is part of Wolters Kluwer, a leading global
information services and solutions provider with annual revenues of (2012) ?3.6
billion ($4.6 billion) and approximately 19,000 employees worldwide. The company
is headquartered in Alphen aan den Rijn, the Netherlands. Wolters Kluwer shares
are quoted on Euronext Amsterdam (symbol: WKL) and are included in the AEX and
Euronext 100 indices.
Forward-looking Statements
This press release 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.
Contact: Media Investors/Analysts
Amy Wolfcale Meg Geldens
+1-917-576-8767 +31 172 641 407
amy.wolfcale(at)wolterskluwer.com ir(at)wolterskluwer.com
PDF version of Press Release:
http://hugin.info/130682/R/1697164/559180.pdf
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Wolters Kluwer NV via Thomson Reuters ONE
[HUG#1697164]
Unternehmensinformation / Kurzprofil:
Datum: 29.04.2013 - 08:01 Uhr
Sprache: Deutsch
News-ID 253683
Anzahl Zeichen: 4504
contact information:
Town:
Alphen aan den Rijn
Kategorie:
Business News
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"Wolters Kluwer Divests Best Case Solutions Inc."
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