Utilico Insights - Jacqueline Broers assesses why Vietnam could be the darling of Asia for investors. Watch the full video here.

Less Ads, More Data, More Tools Register for FREE
Stefan Bernstein explains how the EU/Greenland critical raw materials partnership benefits GreenRoc
Stefan Bernstein explains how the EU/Greenland critical raw materials partnership benefits GreenRocView Video
Utilico Insights - Jacqueline Broers assesses why Vietnam could be the darling of Asia for investors
Utilico Insights - Jacqueline Broers assesses why Vietnam could be the darling of Asia for investorsView Video

Latest Share Chat

UK Regulator To Look Into Pearson Acquisition Of Learndirect Business

Wed, 07th Oct 2015 11:50

LONDON (Alliance News) - The UK's Competition and Markets Authority Wednesday said it is looking into an anticipated acquisition of learndirect Ltd's computer-based testing business by Pearson PLC's VUE arm.

Learndirect and Pearson exchanged contracts for the e-Assessment business at the end of September, subject to regulatory approval. No financial details were disclosed.

"Through taking on this contract we look forward to continuing to provide an excellent service to all our customers and test takers," said Managing Director of Pearson VUE Bob Whelan in a statement at that time.

By acquiring the business Pearson will retain ownership of the contract for the Driver & Vehicle Standards Agency testing mandate, which was due to transfer to Learndirect in September next year.

The CMA said Tuesday that it is considering whether or not the deal would result in a "substantial lessening of competition within any market or markets in the United Kingdom for goods or services."

Shares in Pearson were down 0.8% at 1,191.00 pence Wednesday afternoon.

By Hana Stewart-Smith; hanassmith@alliancenews.com; @HanaSSAllNews

Copyright 2015 Alliance News Limited. All Rights Reserved.

Related Shares

More News
20 Mar 2024 08:52

LONDON BROKER RATINGS: UBS raises Halma; cuts Spirax-Sarco and Weir

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning:

20 Mar 2024 07:40

LONDON BRIEFING: UK inflation cools to 3.4% in February; Eyes on Fed

(Alliance News) - Stocks in London are expected to open slightly lower on Wednesday, as investors digest some cooler-than-expected inflation in the UK...

14 Mar 2024 15:06

UK dividends calendar - next 7 days

4 Mar 2024 08:59

LONDON BROKER RATINGS: Jefferies says buy BP; UBS says buy Compass

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning:

1 Mar 2024 16:53

LONDON MARKET CLOSE: Stocks rise despite mixed US manufacturing data

(Alliance News) - European equities had a solid end to the week, and a stellar run for US markets continued, with focus turning to a key week of fisca...

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.