Khaitan & Co assisted the Wolters Kluwer Group, a global leader in professional information, software, and services for the healthcare, tax and accounting, financial and corporate compliance, legal and regulatory, and corporate performance and ESG sectors, on the divestment of their India Financial Risk and Regulatory Reporting (FRR) Business to Regnology Group GmbH.
The award-winning FRR solutions (OneSumX for Finance and OneSumX for Risk) developed by Wolters Kluwer, and now transferred to Regnology, provide advanced accounting and reporting, real-time financial data processing, and robust risk analytics and modelling aligned with global frameworks—empowering organizations to manage financial and risk data holistically and transform data into actionable control and oversight.
The deal was assisted by:
Corporate & Commercial: Monika Hissaria (Consultant)
Indirect tax: Mayank Jain (Partner) and Pranay Sahay (Principal Associate)
Employment, Labour & Benefits: Deepak Kumar (Partner) and Archika Dudhwewala (Principal Associate).
The core team consisted of Rabindra Jhunjhunwala (Partner), Kevin Shah (Counsel), Sayani Bhattacharyya (Senior Associate), Bishesh Joshi (Associate), Apurva Singhi (Associate)