The FT names Infinitas Learning (what used to be the education division of Wolters Kluwer) as another prospect interested in Santillana, called the “market leader in school textbooks in Spanish-speaking Latin America.” Owner Prisa could “sell up to 30 per cent of the business in a deal that could fetch up to ¬360m ($512m)” as they restructure their debt. The paper adds that “owning a stake in Santillana would fit with Pearson’s expansion into educational publishing outside the US, where the group is twice the size of any of its competitors.”FT
