Hachette confirms amicable ADS buy-out

25 September 2007 Books+Publishing

Further to last week's announcement that Allen & Unwin will move its distribution from Alliance Distribution Services (ADS) to the Pearson-owned United Book Distributors (UBD), Hachette Livre Australia has confirmed its agreement to purchase A&U's shares in ADS, and thus, will become the sole owner in January 2009. Hachette Livre Australia...