Wolters Kluwer has put its school book operations on the market for €700m, British newspaper the Daily Telegraph reports today.
The paper says a number of parties – unit including Sanoma, Pearson and Lagardere – have approached Wolters Kluwer about taking over its educational publishing. Reed Elsevier has denied it is interested.
Venture capital groups 3i, Candover, Cinven and Providence have also been mentioned as possible candidates. Analysts quoted by the Financieele Dagblad put the likely price of the unit at between €600m and €750m.
Thank you for donating to DutchNews.nl.
We could not provide the Dutch News service, and keep it free of charge, without the generous support of our readers. Your donations allow us to report on issues you tell us matter, and provide you with a summary of the most important Dutch news each day.Make a donation