Alphen aan den Rijn, Netherlands, Nov. 15, 2016 (GLOBE NEWSWIRE) -- Wolters Kluwer Health announces that it has today completed the acquisition of Emmi Solutions for a total net consideration of $170 million (€158 million) in cash following termination of the waiting period under the U.S. Hart-Scott-Rodino Act. The agreement to acquire Emmi was originally announced on October 4, 2016.
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 2015 annual revenues of €4.2 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).
Wolters Kluwer Health is a leading global provider of information and point of care solutions for the healthcare industry. For more information about our products and organization, visit http://www.wolterskluwer.com/ , follow @WKHealth or @Wolters_Kluwer on Twitter, like us on Facebook , follow us on LinkedIn , or follow WoltersKluwerComms on YouTube .
About Emmi Emmi® delivers interactive patient engagement solutions by combining an intimate understanding of people with expertise in behavioral and educational science. Emmi's integrated, web-based programs and automated call campaigns, expertly designed through a rigorous development process and a human-centered approach, provide a scalable way for healthcare organizations to engage individuals to be participants and partners in their care, while improving operational and financial performance. Emmi creates empowered people, improved relationships and healthier populations. For more information, visit emmisolutions.com , or follow the company on Twitter , LinkedIn , and Facebook .
Analysts/Investors: Meg Geldens Vice President, Investor Relations Wolters Kluwer +31 172 641 407 ir@wolterskluwer.com
Media: Annemarije Pikaar Senior Manager, External Communications Wolters Kluwer Global Corporate Communications +31 172 641 470 annemarije.pikaar@wolterskluwer.com
Cheri Palmer Vice President, Communications Clinical Effectiveness, Health Tel: +1 781-392-2921 cheri.palmer@wolterskluwer.com
Forward-looking Statements and Other Important Legal Information
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).
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