Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  London Stock Exchange  >  Pearson    PSON   GB0006776081

PEARSON (PSON)
Mes dernières consult.
Most popular
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

EU to decide on Bertelsmann, Pearson publisher deal by April 5

share with twitter share with LinkedIn share with facebook
share via e-mail
0
02/27/2013 | 12:19pm CEST
Penguin books are seen in a used bookshop in central London

EU antitrust regulators will decide by April 5 whether to clear plans by Germany's Bertelsmann (>> Bertelsmann AG) and Britain's Pearson (>> Pearson plc) to merge their publishers Random House and Penguin.

EU antitrust regulators will decide by April 5 whether to clear plans by Germany's Bertelsmann (>> Bertelsmann AG) and Britain's Pearson (>> Pearson plc) to merge their publishers Random House and Penguin.

Europe's largest media company Bertelsmann, owner of Random House, and Pearson, which owns the Financial Times as well as Penguin, filed for EU approval of their proposed joint venture on Tuesday, the European Commission said on its website on Wednesday.

The deal, unveiled in October, aims to strengthen the companies' bargaining power against Amazon (>> Amazon.com, Inc.) and Apple (>> Apple Inc.), especially in the fast-growing e-book market.

The merged company, to be named Penguin Random House, will bring under one roof fantasy novelist Terry Pratchett, "Fifty Shades of Grey" author E.L. James and 2012 Nobel prize winner Mo Yan.

Some antitrust experts say the deal may attract close regulatory scrutiny because of evolving industry trends.

But others disagree, saying that the two publishers have different geographic presences, with Random House strong in Britain and the United States while Penguin is strong in fast-growing developing markets.

(Reporting by Foo Yun Chee; Editing by Hans-Juergen Peters)

Stocks treated in this article : Apple Inc., Amazon.com, Inc., Bertelsmann AG, Pearson plc
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on PEARSON
10/17 European shares slip from highs as results, commodities weigh
10/17 FTSE inches down, Merlin collapses on poor summer trading
10/17DJPEARSON : Mulls Additional Shared Service Centers in Bid to Cut Costs
10/17 UK : Aviva wins its largest bulk purchase annuity deal to date
10/17 Pearson agrees deal to insure third of pension scheme risk
10/17 PEARSON : nine-month trading update (unaudited)
10/16DJPEARSON : In Books, Print Makes a Stand -- WSJ
10/14DJPEARSON : Book Publishers Go Back to Basics
10/13 PEARSON : lead the way in the shortlist for the CMI Management Book of the Year ..
09/28 PEARSON : Robots taking our jobs? Stop agonising and take action to skill up for..
More news
News from SeekingAlpha
10/18 Pearson (PSO) 2017 9M Trading Update - Slideshow
10/17 Pearson's (PSO) CEO John Fallon on Q3 2017 Results - Earnings Call Transcript
08/31 Bertelsmann wants Q4 close for Penguin Random House stake purchase
08/15 Pearson plc goes ex-dividend tomorrow
08/09 Time To Throw In The Towel On Pearson
Financials ( GBP)
Sales 2017 4 592 M
EBIT 2017 537 M
Net income 2017 -27,8 M
Debt 2017 731 M
Yield 2017 2,61%
P/E ratio 2017 36,61
P/E ratio 2018 58,51
EV / Sales 2017 1,39x
EV / Sales 2018 1,41x
Capitalization 5 648 M
Chart PEARSON
Duration : Period :
Pearson Technical Analysis Chart | PSON | GB0006776081 | 4-Traders
Technical analysis trends PEARSON
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 20
Average target price 6,38  GBP
Spread / Average Target -7,2%
EPS Revisions
Managers
NameTitle
John Fallon Chief Executive Officer & Executive Director
Sidney Taurel Chairman
Albert Roger Hitchcock Chief Operations & Technology Officer
Coram Williams Chief Financial Officer & Executive Director
Josh Lewis Independent Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
PEARSON-16.07%7 234
INFORMA PLC2.79%7 471
AXEL SPRINGER25.86%7 210
SCHIBSTED2.93%5 564
LAGARDÈRE7.54%4 346
CHINA SOUTH PUBLISHING & MEDIA GRP CO LD-9.12%4 111