Wolters Kluwer: CGE acquisition now complete
(CercleFinance.com) - Dutch publisher Wolters Kluwer said on Monday that it has completed the acquisition of CGE Risk Management Solutions, as announced last month.
The specialist publisher said on 16 January that it had signed an agreement to acquire CGE to strenghten its presence on the growing operational risk management software market.
CGE's best-known product is a solution that shows bowtie diagrams to visualize risks, and provide an overview of plausible incident scenarios.
The deal is expected to have a positive, albeit fairly insignificant, impact on earnings, Wolters Kluwer said.
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