Tagged: Thomas Rabe

Bertelsmann buys £430m stake in Afya

Bertelsmann is expanding its footprint in Brazil’s fast-growing education market, buying a major stake in medical company Afya.   Read more

Bertelsmann extends Rabe's contract for five more years

Penguin Random House owner Bertelsmann has extended Thomas Rabe’s contract as chairman and c.e.o. for another five years. Read more

Bertelsmann aims to be climate neutral by 2030

Bertelsmann is aiming to be climate neutral by 2030, taking its share of responsibility in the battle against climate change and global warming. Read more

Bertelsmann reports highest first quarter since 2008 with €4.2 billion group revenues

Penguin Random House's parent company Bertelsmann has reported its highest first quarter since 2008 with €4.2 billion group revenues, as PRH is singled out for... Read more

PRH global revenues 'stable' in 2017, with UK in 'growth'

Penguin Random House achieved "stable" revenues of €3.4bn in 2017, down 0.1% on previous year's revenues (also €3.4bn), with negative exchange rate effects largely offset... Read more

Bertelsmann to decide if Brexit affects UK location 'within a year'

Bertelsmann c.e.o. Thomas Rabe has said the company is "quite confident" of maintaining its "Intellectual Property hub" - meaning not just Penguin Random House and DK,... Read more

Bertelsmann 'wants 75% stake in PRH'

Bertelsmann expects to raise its stake in Penguin Random House to between 70-75%, c.e.o. Thomas Rabe is reported to have told German newspaper Der Spiegel.... Read more

Bertelsmann sees profit surge in first quarter

Bertelsmann has reported a year-on-year rise in group revenues in its first quarter to €3.95bn (2015: €3.92bn), with organic growth at 2.7% with operating EBITDA... Read more

Bertelsmann 'eyes 70-75% stake in PRH'

Bertelsmann chief executive Thomas Rabe has said he would "feel comfortable" owning between 70-75% of Penguin Random House in the future. Read more

PRH records revenue and profit jump

Penguin Random House global revenues rose 11.8% in 2015 to €3.7bn (up from €3.3bn the previous year), with operating EBITDA rising by 23.2% to €557m... Read more

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