Wolters Kluwer announces the sale of its Finance, Risk and Regulatory Reporting unit to Regnology Group GmbH for approximately €450 million. This move will allow Wolters Kluwer to focus on developing its positions in U.S. banking compliance and corporate legal and compliance services. The transaction is expected to be completed in fall 2025, pending regulatory approval and employee consultations. In 2024, the FRR unit generated revenues of €123 million. The divestment will result in a (non-benchmark) capital gain for Wolters Kluwer. This strategic decision aligns with Wolters Kluwer’s vision of delivering unified regulatory, risk, and finance reporting solutions.

Read more at GlobeNewswire: Wolters Kluwer to divest its Finance, Risk and Regulatory