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Bertelsmann SE & Co KGaA (BTGGg.F)

BTGGg.F on Frankfurt Stock Exchange

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24 Feb 2017
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Thu, Feb 2 2017

BRIEF-Bertelsmann's BMG says acquires BBR Music Group

* Bertelsmann says acquires bbr music group Further company coverage: (Frankfurt newsroom)

Fitch: No Rating Impact on Bertelsmann from Stake Increase in PRH

(The following statement was released by the rating agency) LONDON, January 19 (Fitch) Fitch Ratings says Bertelsmann has sufficient headroom within its 'BBB+' rating to increase its stake in Penguin Random House (PRH) or accommodate an increase in leverage at PRH. However, the latter scenario would remove headroom in the rating in the short-term.. Pearson has announced that they intend to issue an exit note regarding its 47% stake in PRH that it holds in a venture with Bertelsmann, with a v

UPDATE 1-Bertelsmann says open to raising Penguin Random House stake

* Bertelsmann owns 53 pct of Penguin Random House (Adds CEO, analyst comment, background)

Bertelsmann says open to raising stake in Penguin Random House

FRANKFURT, Jan 18 German media group Bertelsmann may raise its stake in book publisher Penguin Random House, its joint venture with Britain's Pearson, it said on Wednesday after Pearson said it intended to issue an exit note.

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