RT @TheNextWeb: Pearson sells its 50% stake in...
RT @TheNextWeb: Pearson sells its 50% stake in South Africa's BDFM, as it looks to focus on global business news http://t.co/s0Sw9JTB04 ...
April 15, 2013
Pearson sells its 50% stake in South Africa's BDFM, as it looks to focus on global business news
With Pearson entering the final stages of merging its Penguin subsidiary with Random House, the multinational publishing behemoth has now agreed to sell its 50% stake in South Africa's Business Day and Financial Mail (BDFM) to Times Media Group (TMG), which now takes its ownership to 100%.