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November 7, 2022By Michael Cader

PRH Acquires Remaining Stake in PRH Grupo Editorial Portugal

November 7, 2022By Michael Cader

Penguin Random House Grupo Editorial announced Friday it has agreed to purchase the remaining minority stake of 15.6% of PRH Grupo Editorial Portugal from Manuel de Freitas and his family. De Freitas had retained that share when selling the 20|20 Editora group to PRH in 2021. With that transaction, de Freitas leaves the company, where he served as general director. Editorial continues to be run by Clara Capitão, with Pedro Veiga Ferreira, as director of financial, logistics and systems director, both reporting to Patxi Beascoa.

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Filed Under: Finance, International News, M&A, Personnel

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