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.
Already a subscriber? Log in
Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.
Cancel anytime. Ad-free. Unlimited access with perks.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
