10 months ago
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Cevian Capital founder argues most of education publisher’s business is there and move would raise its value
Pearson’s biggest shareholder has said it should be relisted in the US, arguing that leaving London would be better for shareholders as most of the education publisher’s business and rivals are based in North America.
The founder of Cevian Capital, Europe’s largest activist investor, said that joining the increasing number of London-listed companies moving out of the FTSE would be an “easy and effortless way” to increase the value of Pearson after its market value flatlined this year.
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