EU 'to approve Penguin Random House merger'

EU 'to approve Penguin Random House merger'

Bertelsmann and Pearson are to win unconditional EU regulatory approval for the Random House/Penguin merger, without concessions, according to Reuters.

Antoine Colombani, spokesman for competition policy at the European Commission, declined to comment for the Reuters report, which draws on information from two unidentified people "familiar with the matter".

The EU decision is expected by 5th April. It will come in the wake of swift clearances for the deal in the US and New Zealand. Other territories, including China and Canada, are also examining the merger.