The Penguin Random House merger cleared another regulatory hurdle Friday morning as Australia’s Competition and Consumer Commission will approve the deal, the two publishing houses announced Friday. “Bertelsmann and Pearson welcome this ruling as an important step on the path towards completing the planned transaction,” the companies said in a joint statement, adding they “are confident of receiving [the] approvals” from other international antitrust regulatory bodies “over the course of the year.” New Zealand’s Competition Commission, which was also expected to arrive at a decision by the end of this week, has postponed the date to April 5. And as […]
