Interesting News in Education – May 2019

 

Interesting News in Education
May 2019

Companies                                                                                                                                    
 
BERTELSMANN

Bertelsmann reports highest first quarter since 2008 with €4.2 billion group revenues
Penguin Random House’s parent company Bertelsmann has reported its highest first quarter since 2008 with €4.2 billion group revenues as PRH is …
The Bookseller
           
Obama book boom buoys Bertelsmann’s sales
Part of Bertelsmann’s success is down to publishing arm Penguin Random House, which “delivered a strong bestseller performance” including …
FRANCE 24

CENGAGE
           
Cengage, McGraw-Hill Agree to Merge to Become 2nd Biggest US Textbook Publisher
Cengage and McGraw-Hill Education plan to join forces in an all-stock merger. The news, first reported by The Wall Street Journal, would create the …
EdSurge
 

CHINA EAST EDUCATION

China East Education aims to raise $680 million in biggest education IPO
Vocational training company China East Education Holdings Ltd plans to raise up to HK$5.34 billion ($680 million) in Hong …
Reuters UK

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