The UK’s Competition and Markets Authority is to undertake an in-depth review of the $5bn McGraw-Hill Cengage merger following an initial review of the proposed transaction.
Pearson is pausing its share buyback as part of a range of measures to protect cash flow and manage the impact of the COVID-19 pandemic on its business.
Taylor & Francis, Informa plc’s academic publishing division, delivered an adjusted operating profit of £218.1m for the year ended 31 December 2019, on revenue up 5.0% to £559.6m.
Bloomsbury Publishing has acquired the assets of Zed Books, the London-based academic and non-fiction publisher.
BKSB Limited, the Mansfield-based provider of eLearning solutions for Functional Skills and GCSEs, delivered an operating profit of £948k for the year ended 31 July 2019, on revenue unchanged.
McGraw-Hill has reported an adjusted EBITDA of $355m for the year ended 31 December 2019, on total billings little changed at $1,663m.
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