Inside the Australian and New Zealand book industry

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PEP launches bid for Borders 

25 September 2007

Pacific Equity Partners, the private equity owners of Angus & Robertson in Australia and Whitcoull's in New Zealand, has lodged an ‘indicative bid' for the 24 Borders stores in both countries,...

Berkelouw Books bidding for Borders? 

4 September 2007

The Berkelouw Books chain has ‘emerged as a strong contender' to buy the Australasian operations of the Borders bookselling chain, according to a report in the Sydney Morning Herald. The...

Thomson sold to private equity 

15 May 2007

The Thomson Corporation has announced the sale of its higher education, careers and library reference assets, which include Thomson Learning Australia, in a US$7.75 billion (A$9.32 billion) deal with private...

PEP taking a ‘close look’ at Borders 

1 May 2007

Private equity company Pacific Equity Partners (PEP), the owner of Angus & Roberston in Australia and Whitcoulls in New Zealand, is reportedly ‘closely looking at a deal' to buy the...

Wolters Kluwer sells education arm for a billion 

27 March 2007

Dutch-based international professional publisher Wolters Kluwer, the parent company of CCH Australia, has announced the sale of its European educational division to UK investment fund Bridgepoint Capital for €774 million...

Private equity bid for Funtastic? 

20 February 2007

Funtastic has been approached by a potential takeover bidder, believed to be a private equity group.Funtastic ‘has only just commenced considering the proposal' from the unnamed bidder and ‘has had...

Pearson subject of private-equity takeover? 

13 February 2007

Speculation has been mounting in recent weeks over a possible takeover bid for Pearson, parent company of Penguin and Pearson Education. A Reuters report on 17 January 2007 noted that...