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BRIEF-Pearson announces strategic review of Wall Street English business, Global Education business
February 24, 2017 / 7:24 AM / 8 months ago

BRIEF-Pearson announces strategic review of Wall Street English business, Global Education business

Feb 24 (Reuters) - Pearson Plc

* Initiated processes to explore a potential partnership for its english language learning business Wall Street English

* Initiated processes to explore possible sale of its english language learning business GEDU

* Processes are at an early stage and there is no certainty that they will lead to transactions

* Pearson has appointed moelis & company to advise on both of the processes

* China remains a significant market for pearson. Pearson will continue to fully own and manage its successful learning services business. Source text for Eikon: Further company coverage:

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