Inside the Australian and New Zealand book industry

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NZ booktrade wary of Whitcoull’s Borders bid 

11 December 2007

According to an article published in Christchurch's The Press newspaper, 'there is precious little rejoicing going on at news that Whitcoull's is seeking to take over the Borders chain in...

NZ court clears Warehouse takeover bid 

4 December 2007

By overturning an earlier ruling from the country's Competition Commission, New Zealand's High Court has opened the way for a takeover of discount retailer The Warehouse. The most likely bidder...

In brief 

28 August 2007

Author threatenedBen Hills, the Australian author of the controversial book Princess Masako: Prisoner of the Chrysanthemum Throne, has received threatening emails just before the Japanese translation was due for publication....

In brief 

23 July 2007

Little, Brown buys PiatkusThe Little, Brown Book Group has bought British independent publisher Piatkus. Founder Judy Piatkus will continue as MD until the end of the year, when she will retire...

Coles takeover bid accepted 

3 July 2007

Coles Group, Australia's largest retailer--which includes Kmart, Target and Officeworks as well as Coles supermarkets--is finally set to change hands after a bid by Wesfarmers (the owners of the Bunnings...

Funtastic takeover talks end 

17 April 2007

A potential takeover bid for Funtastic has been called off.Talks between Funtastic's major shareholder, childcare provider ABC Learning, and ‘an unnamed third party' have been terminated, leading to the end...

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...