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.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Sunway Construction unit secures work orders valued at RM386mil from US-based tech firm
Sunway Healthcare said to gauge interest for IPO in January
Ringgit hits near six-year high at 4.07 vs greenback
Bursa Malaysia's key index rises 1.15% on firmer regional markets
Sunview's indirect subsidiary inks 21-year PPA with TNB
Perdana Petroleum unit secures two contracts for provision of vessels
Protasco unit inks interim agreement for maintenance of Federal roads
SumiSaujana unit inks MOU to explore development of acid gas facility in Indonesia
MyNews' new store openings bolster 4Q profit
Malakoff subsidiary inks 21-year PPA with TNB

Others Also Read