Best chapter in Pearson breakup story yet to come

LONDON: The best chapter of Pearson's breakup is yet to be written. Selling a 47% stake in book publisher Penguin Random House to co-owner Bertelsmann might generate twice as much as the Financial Times, which the UK group parcelled off to Japan's Nikkei for 844 million pounds (1.2 billion euros) last month.

Pearson and Bertelsmann pooled their English-language book businesses in an all-share deal in mid-2013.