Penguin Random House published former U.S. First Lady Michelle Obama’s book “Becoming.” Photo: Shutterstock.com
Linklaters advised Bertelsmann, while Freshfields advised Pearson and Hengeler Mueller advised investment bank BNP Paribas.
March 18, 2020 at 04:47 PM
1 minute read
Three large firms had roles in the Bertelsmann-Pearson deal in which German media conglomerate Bertelsmann paid €675 million ($741 million) to buy the remaining 25% of Penguin Random House from Pearson, giving the German company sole ownership of the world’s largest trade publishing group.
Linklaters advised Bertelsmann, Freshfields Bruckhaus Deringer advised seller Pearson, and Hengeler Mueller advised investment bank BNP Paribas.
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