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Penguin Takes 45 Percent Stake In Brazil’s Companhia das Letras

December 5, 2011
By Michael Cader

Penguin has expanded its relationship with Brazil’s Companhia das Letras, taking a 45 percent stake in the publisher. The two companies have collaborated on co-publishing Penguin Classics in Brazil since fall 2009, when they formed Penguin Companhia Classicos and Penguin Companhia. Co-founder Luiz Schwarz writes, “Nothing will change in our philosophy or direction. Our editorial […]

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Filed Under: Finance, International News

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