Wolters Kluwer has agreed to sell its German consumer tax business, Wolters Kluwer Steuertipps GmbH, to Buhl Data Service GmbH for €40 million. The divestment aligns with Wolters Kluwer's strategy to concentrate on professional markets where it sees better growth and synergy opportunities. Steuertipps is expected to generate around €30 million in gross revenues in 2026. The transaction is expected to close in the coming days, allowing Wolters Kluwer to sharpen its focus on long-term sustainable growth in professional sectors.
Wolters Kluwer's divestment of its German consumer tax business is notable for the €40 million transaction value. For readers following the Technology sector, here is Pluang's market snapshot as of Oct 30, 2026 14:11 WIB: out of 150 priced US stocks, 30 rose and 119 fell. Key movers include ATOM at USD 2.84 with a -14.20% change, VNET at USD 3.36 with a -9.43% change and 100% buy order activity, and AEHR at USD 56.08 with a -8.38% change and a nearly even sell/buy split.
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