Industry News

Pearson sells 22% stake in PRH to co-shareholder Bertelsmann

BRUSSELS, July 13, 2017 (PPI Europe) –Bertelsmann is significantly expanding its stake in Penguin Random House (PRH), the world’s leading trade publishing group. Bertelsmann is acquiring another 22% stake in PRH from its co-owner, the ...

Nordic Paper on the lookout for prospective investors

BRUSSELS, July 13, 2017 (PPI Europe) –According to Swedish media, the Special Situations Venture Partners III fund, through its exclusive advisor Orlando Management, has initiated the sales process of its shares in Nordic Paper. The ...

Ontex opens diaper production plant in Ethiopia

BRUSSELS, July 13, 2017 (PPI Europe) –The Belgium-based producer of disposable personal hygiene products Ontex has opened its first production plant in Ethiopia. The new 11,000 m² facility is based in Hassawa and was officially ...

News at a Glance: Antalis

BRUSSELS, July 13, 2017 (PPI Europe) –Antalisannounced that it will postpone its offering of senior secured notes on the high yield market. The firm attributed the decision to “market conditions” and offered no further details. ...
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