The ACCC in Australia will approve the planned combination of Random House and Penguin Group, the book publishing operations of the two international media companies Bertelsmann and Pearson, without any restrictions. Bertelsmann and Pearson welcomed the ruling as an important step on the path towards completing the planned transaction.
The merger will encompass all of Random House's and Penguin's publishing units in the U.S., Canada, the U.K., Australia, New Zealand, India and South Africa, as well as Penguin's operations in China and Random House's publishers in Spain and Latin America.Last month, the DoJ approved the merger in the U.S.
