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Press Release

Morgan Lewis Advises Pearson in Sale of Penguin Random House Stake

December 19, 2019

NEW YORK, December 19, 2019: Morgan Lewis represented Pearson in an agreement to sell its remaining 25% stake in Penguin Random House to partner Bertelsmann SE & Co KGaA for approximately $675 million.

Pearson, a global learning company with more than 24,000 employees operating in 70 countries, combines educational content and assessment, powered by services and technology, to enable more effective teaching and personalized learning at scale.

Partners Charles Engros, Rob Dickey, and Richard Zarin and associate Rebekah Raber led the Morgan Lewis team advising Pearson.

For more, read Pearson’s announcement.