Pearson shares closed 20% up on Friday: what fuelled the stock?
Pearson rejected a £7.0 billion takeover proposal from Apollo Global Management. Shares up nearly 20% on Friday.
Source: invezz.com
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Pearson rejected a £7.0 billion takeover proposal from Apollo Global Management. Shares up nearly 20% on Friday.
The publishing and education company said it was being attacked, and has rejected two offers from US buyout giant Apollo.
Apollo Global Management Inc. said it is evaluating a possible cash offer for Pearson Plc, the London-based education and publishing company.
PSO earnings call for the period ending December 31, 2021.
At the end of a turbulent week on financial markets, the FTSE 100 rallied 3.9 per cent, or 282.08 points, to 7489.46 after Thursday's plunge.