Wolters Kluwer Group Divests India Financial Risk and Regulatory Reporting (FRR) Business to Regnology

Khaitan & Co advised Wolters Kluwer Group on the divestment of its India Financial Risk and Regulatory Reporting (FRR) business to Regnology Group GmbH. Allen, Overy and Shearman acted as global counsel to Wolters Kluwer Group, and White & Case acted as global counsel to Regnology Group GmbH. The transaction involved the transfer of Wolters Kluwer's India FRR business to Regnology Group GmbH. The divested business includes the award-winning FRR solutions OneSumX for Finance and OneSumX for Risk. These solutions provide advanced accounting and reporting, real-time financial data processing, and robust risk analytics and modelling aligned with global frameworks, enabling organisations to manage financial and risk data holistically and convert data into actionable control and oversight. Khaitan & Co represented Wolters Kluwer Group with a team composed by: Rabindra Jhunjhunwala (Partner), Kevin Shah (Counsel), Sayani Bhattacharyya (Senior Associate), Bishesh Joshi (Associate) and Apurva Singhi (Associate). Assistance on specific matters was provided by: Monika Hissaria (Consultant) on corporate secretarial aspects; Mayank Jain (Partner) and Pranay Sahay (Principal Associate) on indirect taxation aspects; and Deepak Kumar (Partner) and Archika Dudhwewala (Principal Associate) on employment aspects. Allen, Overy and Shearman represented Wolters Kluwer Group as global counsel. White & Case represented Regnology Group GmbH as global counsel.

Wolters Kluwer Group Divests India Financial Risk and Regulatory Reporting (FRR) Business to Regnology

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