Matter of 'when not if' Pearson sells PRH shares

Matter of 'when not if' Pearson sells PRH shares

If Pearson aims to concentrate on its global education business then it is “only a matter of when not if” it will sell its stake in Penguin Random House, as the date Pearson is permitted to sell its PRH shares looms.

The company sold off the Financial Times newspaper last week to Japanese media company Nikkei for £884m and revealed over the weekend it is also in talks to sell its 50% stake in The Economist Group.

Despite Pearson c.e.o John Fallon telling The Bookseller during a conference call last week that the company was “very happy to continue to be shareholders (in PRH) with the prog...

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