stake

Struggling education publisher Pearson offloads Penguin stake as boss John Fallon bows out

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Struggling education publisher Pearson offloads Penguin stake as boss John Fallon bows out Pearson has struck a £530million deal to sell its stake in Penguin Random House  The deal values book publisher Penguin Random House  at around £2.8billion. John Fallon will step down as boss in 2020 once a successor has been named  By This Is … Read more

Property tycoon Nick Candy seeks to up his stake in gym chain 1Rebel

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Property tycoon Nick Candy seeks to up his stake in trendy London gym chain 1Rebel By Daily Mail City & Finance Reporter Published: 21:51 GMT, 16 December 2019 | Updated: 21:51 GMT, 16 December 2019 Property tycoon Nick Candy has bumped up his stake in a trendy chain of London gyms. The 46-year-old already owned … Read more

MARKET REPORT: German media giant Axel Springer eyes Woodford’s stake in Purplebricks

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German media giant Axel Springer could take advantage of Neil Woodford’s crisis to scoop up more shares in Purplebricks – and even take it off the stock market. Axel Springer, which owns media brands such as music magazine Rolling Stone and website Business Insider, is ‘open to opportunities’ to buy more shares in the online … Read more