‘Terrific result’ for Penguin
Penguin has achieved a strong set of results, with profits up 26% to £93 million (A$206 million) and sales up seven percent to £903 million (A$1996 million). The figures, representing...
Reed NZ name change to Raupo following Pearson acquisition
The New Zealand publisher Reed Publishing will be known as Raupo Publishing as a result of its acquisition from Reed Elsevier by Pearson in May this year. Reed Elsevier made...
Houghton Mifflin to buy Harcourt US
The US schools publishing businesses of Harcourt have been sold to competitor Houghton Mifflin Riverdeep for US$4 billion (A$4.4 billion). The purchase concludes the sale by Reed Elsevier of Harcourt Education, following...
Pearson announces more Harcourt redundancies
Following its acquisition of Harcourt Education in May, Pearson Australia has announced a number of redundancies in the senior management group at Harcourt. ‘As previously announced we will be integrating...
Pearson to integrate Reed Publishing NZ
Pearson Group, which acquired Reed Publishing New Zealand (RPNZ) as part of its purchase of Harcourt Education in May, has confirmed its commitment to 'preserve and grow' the iconic Reed...
Pearson takeover of Harcourt complete: companies to ‘blend’, some redundancies announced
Pearson has received the necessary approvals from the Australian Consumer and Competition Commission (ACCC) to allow it to finalise the acquisition of Harcourt Education in Australia and New Zealand, concluding...
Will Reed Publishing NZ go to Pearson?
Following the sale of Harcourt Education to Pearson, reported in last week's WBN, the ownership of New Zealand-based Reed Publishing may also be set to change. Booksellers Brief, published by Booksellers New...
Pearson buys Harcourt
As reported in a WBN special bulletin on Monday, Pearson has acquired Harcourt Education International and Harcourt Assessment from parent company Reed Elsevier for a reported US$950 million (A$1.1 billion)....
Pearson to buy Harcourt
Pearson has acquired Harcourt Education International and Harcourt Assessment from parent company Reed Elsevier for a reported US$950 million (A$1.1 billion). ‘We have long admired these businesses,' Pearson CEO Marjorie...
ABC appoints Harcourt as educational publisher
ABC Enterprises, the commercial division of the ABC, has appointmented Harcourt Education Australia as publisher of its educational products for distribution to the Australian education sector. 'We are very proud to...