How long to make a Pearson HND diploma, buy phony BTEC HND diploma, make a BTEC certificate. In July 2011, Pearson announced the creation of Pearson College, a British degree provider based in London. Also in 2011, Pearson acquired Connections Education and agreed to sell its 50% stake in FTSE International Limited to the London Stock Exchange for £450 million.[49] In 2011, Pearson also increased its stake in TutorVista, such that it had a 76% stake, for $127 million.
Pearson entered into talks with rival conglomerate Bertelsmann, over the possibility of combining their respective publishing companies, Penguin Group and Random House in October 2012. The houses are considered two of the “Big Six” publishing companies.[51] On 29 October 2012, Pearson said it would merge Penguin Books with Bertelsmann’s Random House to create the world’s biggest consumer book publisher. Then in May 2012 Pearson announced its acquisition of GlobalEnglish Corporation, an American Business English software and solutions company, in an all-cash transaction.
In May 2013, Pearson announced a new restructuring plan to invest in digital learning and emerging markets, after predicting weaker earnings.
The change supports the decoupling of the Penguin consumer publishing business into a separate entity with Random House (forming Penguin Random House). The new structure combines the separate education companies, Pearson International and Pearson North America under one Pearson company. Pearson will organise around three global lines of business – School, Higher Education and Professional. The Financial Times Group and Pearson English will form part of Pearson Professional.
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In July 2014, the company announced it had cut 4,000 jobs, representing 10% of the company’s workforce.
Pearson announced on 23 July 2015 that it had agreed to sell the FT Group, which includes business daily Financial Times, to Japanese media group Nikkei for £844 million, or $1.32 billion. The sale does not include FT Group’s London property at One Southwark Bridge. Pearson also retained the publishing rights to FT Press and licensed the trademark from Nikkei. In August 2015, Pearson’s sold its 50% stake in The Economist to the Agnelli family for £469 million who previously held 4.7% of the group. The remaining 50% of The Economist Group is owned by the Schroders, Cadburys and the Rothschilds.
