Wolters Kluwer Financial & Corporate Compliance (FCC) has signed an agreement to divest the Finance, Risk & Regulatory Reporting (FRR) business to Regnology for an enterprise value of approximately €450 million. This decision supports our strategy to sharpen focus within our Financial & Corporate Compliance division, particularly on U.S. banking compliance and corporate legal services. Read more: https://xmrrwallet.com/cmx.pow.ly/Koxu50Wsufw #WoltersKluwer #expertsolutions
This is interesting capital allocation decisions. GRC is very key area as part of the overall close, consolidate, and reporting cycle.
Congratulations to Wolters Kluwer on this strategic move! Best of luck with the transition and continued success in your focus areas. Exciting times ahead! 🎉
🚀 Excellente nouvelle
Congratulations to the Wolters Kluwer team on this strategic move. As someone focused on training and education in U.S. banking compliance, I appreciate your continued investment in this space. Looking forward to seeing how this sharper focus strengthens the tools and resources available to compliance professionals.
Congratulations!