Wolters Kluwer Completes Acquisition of Tagetik
April 6, 2017 - Wolters Kluwer Tax & Accounting announces that it has today completed the acquisition of Tagetik. The agreement to acquire Tagetik was originally announced on March 7, 2017.
Tagetik is a leading provider of corporate performance management solutions, supporting the processes and workflow of the Office of the CFO. Wolters Kluwer Tax & Accounting will bring together its existing corporate offerings, including its internal audit solution, TeamMate, with Tagetik to create a new business unit - Corporate Performance Solutions.
About Wolters Kluwer
Wolters Kluwer N.V. (AEX: WKL) is a global leader in information services and solutions for professionals in the health, tax and accounting, risk and compliance, finance and legal sectors. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with specialized technology and services.
Wolters Kluwer reported 2016 annual revenues of €4.3 billion. The company, headquartered in Alphen aan den Rijn, the Netherlands, serves customers in over 180 countries, maintains operations in over 40 countries, and employs 19,000 people worldwide.
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 solutions and organization, visit www.wolterskluwer.com, follow us on Twitter, Facebook, LinkedIn, and YouTube.
| Media Contacts: | |
| Marisa Westcott Tax & Accounting Communications +1 646 753 2980 [email protected] | Annemarije Pikaar Corporate Communications +31 172 64 1470 [email protected] |
| Investors/Analysts: Meg Geldens Investor Relations + 31 172 641 407 [email protected] |
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.
Elements of this press release contain or may contain inside information about Wolters Kluwer within the meaning of Article 7(1) of the Market Abuse Regulation (596/2014/EU).
Attachments:
http://www.globenewswire.com/NewsRoom/AttachmentNg/3f23cebb-5fbe-487c-aa77-26976b44617f


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