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)

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

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
06/20 PEARSON : to Demo Realize Learning Management System at Google Booth at ISTE 201..
06/17 PEARSON : Miss. Dept of Education fires testing firm after exams wrongly scored
06/06 PEARSON : Chemeketa Community College Expand Digital Course Material Partnership
05/25 PEARSON : UNESCO and Pearson announce partnership to promote inclusive digital t..
05/18 PEARSON : Update on Ransomware attacks
05/15 PEARSON : Brazilian businessman buys stake in language training chain for $64 mi..
05/09 PEARSON : University of Hawaii System Partner to Provide Students Affordable Dig..
05/09 PEARSON : World`s largest education company creates jobs boost for Belfast
05/06DJPEARSON : Looks to Sell U.S. Assets -- WSJ
05/05 Pearson rally, miners help FTSE surge to strongest week since March
More news
Sector news : Consumer Publishing - NEC
06/27 EU hits Google with record $2.7 billion fine
06/27 Factbox - EU hits Google with record 2.42 billion euro fine
06/27 EU hits Google with record $2.7 billion fine
05/31DJFox News May Tap Heat Street Editor for Website -- Sources
05/12 Dealmaking supports European shares but Richemont profit miss weighs
More sector news : Consumer Publishing - NEC
News from SeekingAlpha
05/24 Amazon opens bookstore in NYC near publishers' row
05/17 Consumer Cyclical Dogs Pulled By Stein Mart, Tailored Brands, And National Ci..
05/05 Pearson +12.6%; more cost cuts, U.S. unit sale ahead
05/05 PREMARKET GAINERS AS OF 9 : 05 am
04/14 50 Top-Yield Consumer Cyclical Dogs Paced By Stein Mart, New Media And Barnes..
Advertisement
Financials ( GBP)
Sales 2017 4 582 M
EBIT 2017 552 M
Net income 2017 -610 M
Debt 2017 889 M
Yield 2017 3,90%
P/E ratio 2017 -
P/E ratio 2018
EV / Sales 2017 1,46x
EV / Sales 2018 1,41x
Capitalization 5 783 M
More Financials
Chart PEARSON
Duration : Period :
Pearson Technical Analysis Chart | PSON | GB0006776081 | 4-Traders
Full-screen chart
Technical analysis trends PEARSON
Short TermMid-TermLong Term
TrendsNeutralNeutralBearish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 22
Average target price 6,81  GBP
Spread / Average Target -3,1%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
John Fallon Chief Executive Officer & Executive Director
Sidney Taurel Chairman
Albert Roger Hitchcock Chief Operations & Technology Officer
Coram Williams Chief Financial Officer & Executive Director
Josh Lewis Independent Non-Executive Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
PEARSON-14.11%7 492
INFORMA PLC1.69%7 382
AXEL SPRINGER16.45%6 796
SCHIBSTED1.16%5 266
CHINA SOUTH PUBLISHING..11.22%4 901
LAGARDÈRE6.55%4 204
More Results