September 3, 2015 / 4:07 PM / 2 years ago

BRIEF-Wolters Kluwer to divest 55 pct stake in Russian entity

ВРЕМЯ ЧТЕНИЯ 1 МИНУТ

Sept 3 (Reuters) - Wolters Kluwer NV :

* Wolters Kluwer legal & regulatory solutions in agreement to divest 55 pct stake in Russian entity

* Divestment has been precipitated by impending limits on foreign ownership in Russian media companies

* Terms of agreement have not been disclosed

* Divestment is expected to result in a one-time net loss of approximately 18 million euros ($20.0 million)

Source text for Eikon: Further company coverage: ($1 = 0.9019 euros) (Gdynia Newsroom)

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