Reed Elsevier

Reed Elsevier

Documents

080221 Reed Elsevier - 07FY results + ChoicePoint acquisition 080221 Reed Elsevier - 07FY results + ChoicePoint acquisition

07FY results + ChoicePoint acquisition.

080609 Reed Elsevier - Informa in exploratory talks with UBM on merger proposal 080609 Reed Elsevier - Informa in exploratory talks with UBM on merger proposal

This morning, Informa Plc confirmed having been approached by United Business Media (UBM) on an allshare merger and that it has engaged preliminary discussions to explore this option.

080710 Reed Elsevier - RBI information memorandum due in days 080710 Reed Elsevier - RBI information memorandum due in days

RBI information memorandum due in days.

071219 Reed Elsevier - Reed Business: no longer core? 071219 Reed Elsevier - Reed Business: no longer core?

Reed Business: no longer core?

090722 Reed Elsevier - to sell (RBI) or not to sell; that's the question! 090722 Reed Elsevier - to sell (RBI) or not to sell; that's the question!

To sell or not to sell, that's the question.
 

091111 Reed Elsevier - too much change in too little time 091111 Reed Elsevier - too much change in too little time

Too much change in too little time.

090227 Reed Elsevier - wrap-up dinner meeting 090227 Reed Elsevier - wrap-up dinner meeting

Wrap-up dinner meeting.

110808 Reed Elsevier - how resilient is resilient? 110808 Reed Elsevier - how resilient is resilient?

No. pages 8
Description

 


Wolters Kluwer’s name popped up as a potential acquirer of Lombard Risk Management, a UK-based company
specialised in compliance and risk software tools. Depending on the takeover price Wolters Kluwer may be prepared

to pay, a deal would make sense in our view for it will help the company to further benefit from the growth

opportunities offered by the implementation of Solvency 2 and Basel 3. Although LRM is relatively small, it will also

help to lift the share of electronic revenues in relation to overall sales and therefore underpin organic growth going
forward.

Reed Elsevier is known to be rather resilient for economic downturns. Most of its ‘normal’ cyclicality is in Exhibitions and RBI. However, the current crisis is not a ‘normal’ crisis. Unlike previous downturns, there is very little to no room to give a  boost to the economy by means of increased government spending, due to the sovereign debt problems. Will Reed Elsevier be resilient enough to deal with the effects of decreasing government spending as well?

 




 



Contents


  • This is not an ordinary situation

  • Breakdown of sales and results

  • Elsevier division: highest exposure

  • Risk Solutions

  • Legal & Professional

  • Conclusions





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