Bloomberg News

Wolters Kluwer Repeats 2011 Outlook, Sells Unit to Springer

November 09, 2011

Nov. 9 (Bloomberg) -- Wolters Kluwer NV, Europe’s largest tax and legal publisher, repeated its forecast for 2011 ordinary earnings per share to be as much as 1.55 euros.

“In the third quarter, the company saw solid performance across the business, with levels of growth that were consistent with the first half year,” Wolters Kluwer said.

Separately, the Dutch publisher said it agreed to sell its pharma promotional business to Axel Springer AG for an undisclosed amount.

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To contact the editor responsible for this story: Martijn van der Starre at vanderstarre@bloomberg.net


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