August 30, 2013 / 1:40 PM / 4 years ago

Caxton sells stake in Pearson Southern Africa for $68 mln

JOHANNESBURG, Aug 30 (Reuters) - South African publishing firm Caxton said on Friday it will sell its 15 percent stake in Pearson Southern Africa for 703.3 million rand ($68 million) to publisher Longman Group.

Pearson Southern Africa publishes academic books in 11 countries in sub-Saharan Africa. ($1 = 10.3205 South African rand) (Reporting by Tiisetso Motsoeneng; Editing by Jon Herskovitz)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below