Key Developments: Wolters Kluwer NV (WTKWY.PK)
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18 Jun 2013
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Latest Key Developments (Source: Significant Developments)
Wolters Kluwer NV Corporate Legal Services Acquires Avantiq
Wolters Kluwer NV announced that it has acquired Avantiq, a provider of multi-national trademark research services. This acquisition bolsters Corporate Legal Services' global portfolio of trademark and brand clearance and protection solutions under the Corsearch brand. The acquisition expands Corsearch’s products and services for trademark and brand professionals - and also extends its European knowledge and presence. Financial terms of the transaction were not disclosed. Full Article
MedCentral Health System Selects Wolters Kluwer NV's Subsidiaries ProVation Software For Order Set And Care Plan Management
Wolters Kluwer NV's Wolters Kluwer Health, a global provider of information for healthcare professionals and students, announced that MedCentral Health System has selected ProVation Order Sets, powered by UpToDate Decision Support, software as electronic order set solution and ProVation Care Plans, powered by Lippincott's Nursing Solutions as evidence-based interdisciplinary care plans solution. Full Article
Wolters Kluwer NV Acquires Prosoft Tecnologia SA In Brazil
Wolters Kluwer NV announced that it has acquired Prosoft Tecnologia SA, a provider of tax and accounting software based in Sao Paolo, Brazil. The acquisition aligns with the Company's strategy to expand its positions. Established in 1985, Prosoft is a tax and accounting software solutions providers in Brazil, with 250 employees, and serving all 27 states. Financial terms of the transaction were not disclosed. Full Article
Wolters Kluwer NV Reaffirms FY 2013 EPS Guidance
Wolters Kluwer NV reaffirmed fiscal 2013 guidance and expects the outlook remains unchanged from the guidance set out in February. The Diluted ordinary EPS to be in Low single-digit growth. The Company reported EPS of $1.58 in fiscal 2012. According to I/B/E/S Estimates, analysts are expecting the Company to report EPS of $1.58 for fiscal 2013. Full Article
Wolters Kluwer NV's Wolters Kluwer Legal & Regulatory Sells Best Case Solutions Inc.
Wolters Kluwer NV announced that its subsidiary Wolters Kluwer Legal & Regulatory has sold Best Case Solutions Inc., a producer of bankruptcy preparation and filing software for law firms representing personal and corporate debtors. The financial terms of the deal were not disclosed. Full Article
Wolters Kluwer NV Appoints Kevin Entricken As Chief Financial Officer; Proposes FY2012 Final Dividend-DJ
Dow Jones reported that Wolters Kluwer NV has appointed Mr. Kevin Entricken as Chief Financial Officer. The proposed dividend of EUR 0.69 for fiscal year 2012 has been approved by the shareholders during the annual general meeting held on April 24, 2013. Full Article
Wolters Kluwer NV Announces Death of Mr. Adri Baan
Wolters Kluwer NV announced that Mr. Adri Baan, Chairman of the Supervisory Board passed away as of April 5, 2013. Full Article
Wolters Kluwer NV Divests Minority Interest in AccessData Group
Wolters Kluwer NV announced that Wolters Kluwer Corporate Legal Services has divested its 25% interest in AccessData Group. AccessData Group was formed in 2010 by combining the businesses of AccessData and Summation, formerly part of CLS. It operates in the digital investigation and litigation support market. Full Article
Wolters Kluwer NV Issues FY 2013 EPS Guidance In Line With Analysts' Estimates-Conference Call
Wolters Kluwer NV announced that for fiscal 2013, it expects diluted ordinary EPS to be in low single-digit growth. The Company reported EPS of $2.03 in fiscal 2012. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report EPS of $2.06 for fiscal 2013. Full Article
Wolters Kluwer NV Announces FY 2012 Dividend Proposal
Wolters Kluwer NV announced that at the 2013 Annual General Meeting of Shareholders, the Company will propose increasing the dividend to EUR 0.69 per share, to be paid in cash on May 16, 2013 for ordinary shareholders or on May 23, 2013 for holders of American Depository Receipts (ADRs). Full Article
BRIEF-Wolters Kluwer divests U.S. bankruptcy software firm
AMSTERDAM, April 29 - Wolters Kluwer NV : * Wolters Kluwer divests Best Case Solutions Inc, a producer of bankruptcy preparation and filing software for law firms representing personal and corporate debtors * Proceeds will be used for general corporate purposes. Terms of the deal were not disclosed * This divestiture supports the strategy of our U.S.-based Law & Business unit to focus more sharply on its most scalable businesses

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