Pearson buys Stark Holdings

Written By: Graeme Neill Publication Date: Tue, 09/08/2011 - 09:14 Pearson has bought German educational materials company Stark Holdings. The company provides text preparation resources for pupils and teachers. It had sales of 20m for its most recent financial year and has gross assets estimated at 32.6m. Pearson said the acquisition diversifies its German business and it expects to generate a return on the cost of capital a year after the acquisition formally goes ahead. It is subject to regulatory approval. read more Continue reading at 'The Bookseller'

[ The Bookseller | 2011-08-09 00:00:00 UTC ]

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