Italy’s Arnoldo Mondadori Editore announced last week that they will spin off their book publishing and book distribution units as a separate, freestanding company effective January 1, 2015, to be called Mondadori Libri. The company says “the operation will not involve any changes to the overall profile of the underlying businesses and operating characteristics of the group.” The move is seen as opening the door to more aggressive mergers and acquisitions opportunities, from partnerships to purchases, or as the release states it, “The contribution will also facilitate the creation of a more functional corporate structure for the potential realization, with a view […]
