RTL Group - Statement by Pearson Plc
Commenting on Bertelsmann's announcement that it is taking its stake in RTL Group to 67% by acquiring GBL's 30% stake, Marjorie Scardino, Chief Executive of Pearson plc said:
"We welcome this transaction. It simplifies the shareholding structure of RTL Group and further strengthens our working relationship with Bertelsmann. It also paves the way for early moves to increase the proportion of publicly traded shares in RTL."
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Pearson plc
John Fallon/Luke Swanson
+44 (0)20 7411 2310