Bloomberg News

Wolters Repeats 2011 Outlook, Sells Unit to Springer

November 09, 2011

(Corrects name of buyer in third paragraph.)

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 Springer Science+Business Media for an undisclosed amount.

To contact the reporter on this story: Martijn van der Starre in Amsterdam at vanderstarre@bloomberg.net

To contact the editor responsible for this story: Jurjen van de Pol at jvandepol@bloomberg.net


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