Edition:
United Kingdom

Pearson PLC (PSON.L)

PSON.L on London Stock Exchange

821.40GBp
19 Jun 2019
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Latest Key Developments (Source: Significant Developments)

Pearson Says 2017 Median Gender Pay Gap Was 15 Percent In Britain
Thursday, 1 Mar 2018 

March 1 (Reuters) - Pearson ::SAYS 2017 MEDIAN GENDER PAY GAP WAS 15 PERCENT IN BRITAIN.  Full Article

Pearson To Sell Wall Street English To A Consortium Of Funds​
Monday, 27 Nov 2017 

Nov 27 (Reuters) - Pearson Plc ::DISPOSAL.PEARSON ANNOUNCES SALE OF WALL STREET ENGLISH​.PEARSON - ‍HAS AGREED SALE OF WALL STREET ENGLISH (WSE) TO A CONSORTIUM CONSISTING OF FUNDS AFFILIATED WITH BARING PRIVATE EQUITY ASIA AND CITIC CAPITAL​.‍MOELIS & COMPANY ACTED AS FINANCIAL ADVISOR TO PEARSON ON THIS TRANSACTION​.PEARSON - ‍TRANSACTION IS EXPECTED TO GENERATE GROSS CASH TO PEARSON OF AROUND $300M AFTER ADJUSTMENTS FOR ASSUMED DEFERRED REVENUE AND HISTORICAL TAX LIABILITIES​.PEARSON - ‍IMPROVEMENT IN PEARSON NET DEBT AS A RESULT WILL BE C. $100M AS AROUND $150M OF OPERATING CASH WILL BE RETAINED IN DISPOSED BUSINESS​.‍TRANSACTION IS EXPECTED TO CLOSE IN FIRST HALF OF 2018​.  Full Article

Pearson shares rise 7 percent on profit upgrade
Tuesday, 17 Oct 2017 

Oct 17 (Reuters) - Pearson :Cfo says do not expect a repeat of last year when trading deteriorated.Shares rise 7 percent after group nudges full-year profit forecasts higher.Cfo says should assume a better second half will influence the final dividend payout.  Full Article

Pearson completes sale of 22 pct stake in Penguin Random House
Thursday, 5 Oct 2017 

Oct 5 (Reuters) - Pearson Plc :PEARSON COMPLETES SALE OF 22 PCT STAKE IN PRH.‍HAS TODAY COMPLETED SALE OF A 22 PCT STAKE IN PENGUIN RANDOM HOUSE VENTURE TO OUR PARTNER BERTELSMANN SE & CO KGAA​.  Full Article

Pearson says to sell Global Education business
Wednesday, 16 Aug 2017 

Aug 16 (Reuters) - Pearson Plc ::‍ANNOUNCES SALE OF GEDU TO PUXIN EDUCATION​.COMPLETED DISPOSAL, TOGETHER WITH SALE OF ASSOCIATED PROPERTY ASSETS, IS EXPECTED TO GENERATE GROSS CASH PROCEEDS TO PEARSON IN REGION OF $80M.MOELIS & COMPANY ACTED AS FINANCIAL ADVISOR TO PEARSON ON THE DISPOSAL.  Full Article

Bertelsmann says stake buy sets Penguin Random House value at $3.55 bln
Tuesday, 11 Jul 2017 

July 11 (Reuters) - Bertelsmann :Says acquisition of further 22 percent of Penguin Random House from Pearson <<>> sets enterprise value at $3.55 billion.Says acquisition gives it right to appoint chairman.  Full Article

UPDATE 1-Dealogic owner ION buys controlling stake in data firm Acuris

May 13 ION Investment Group, the owner of data provider Dealogic, on Monday bought a controlling stake in financial news and data firm Acuris, known for its Mergermarket and Debtwire brands, for 1.35 billion pounds ($1.76 billion), including debt.