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New Deal


Announced

Completed

Karnov completed the acquisition of the businesses of Thomson Reuters in Spain and Wolters Kluwer in Spain and France for $181m.

Financials

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Transaction Value£136m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Publishing

Friendly

Private

publishing

Spain

Acquisition

France

information services

Cross Border

Majority

Single Bidder

Completed

Synopsis

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Karnov, a provider of information and advisory services, completed the acquisition of the businesses of Thomson Reuters, a multinational media conglomerate, in Spain and Wolters Kluwer in Spain and France, a global information services company, for $181m. “With the contemplated transaction we capture a very attractive opportunity to combine the best of Wolters Kluwer’s and Thomson Reuters’ platform and content with best practices within Karnov to create a best-in-class offering. The contemplated transaction would transform us from a Nordic market leader to a European player, providing a platform for accelerated expansion and significant value creation for our customers and shareholders," Pontus Bodelsson, Karnov CEO.

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