Brief: John Wiley & Sons Inc Entered Stock And Asset Purchase Agreement With Inspirit Vulcan Bidco Limited

John Wiley & Sons

09/01/2024 14:33

Jan 9 (Reuters) - John Wiley & Sons Inc  WLY.N :
    * JOHN WILEY & SONS INC - ON JANUARY 8, ENTERED INTO A STOCK
AND
ASSET PURCHASE AGREEMENT WITH INSPIRIT VULCAN BIDCO LIMITED
    * JOHN WILEY & SONS INC - HAS AGREED TO SELL ITS EMERGING
TALENT
AND RESKILL TRAINING BUSINESS, WILEY EDGE TO INSPIRIT
    * JOHN WILEY & SONS INC - UNDER PURCHASE AGREEMENT, PURCHASE
PRICE
FOR BUSINESS IS A POTENTIAL MAXIMUM AMOUNT OF UP TO $62.2
MILLION
    * JOHN WILEY & SONS INC - THE TRANSACTION IS NOT SUBJECT TO
ANY
FINANCING CONTINGENCY

Further company coverage:  WLY.N 

 ((Reuters.Briefs@thomsonreuters.com;))