Announced
Completed
Financials
Tags
Publishing
Friendly
Private
publishing
Spain
Acquisition
France
information services
Cross Border
Majority
Single Bidder
Completed
Synopsis
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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