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Sanoma Acquires Pearson’s Local K12 Learning Content Business in Italy for Enterprise Value of €190M

Sanoma has signed an agreement to acquire Pearson's local K12 learning content business in Italy (‘Pearson Italy') and its small exam preparation business in Germany (‘Pearson Germany'). The acquisition has a perfect fit with Sanoma's strategy to grow its K12 learning business through M&A, and it marks Sanoma's entry to Italy, one of the largest K12 learning services markets in Europe.

PSO