From Reuters:
Anglo Dutch publisher Reed Elsevier plans to rename itself RELX and simplify its structure into one unit to make it more transparent for investors in the latest stage of its transformation.
Europe’s largest media group has evolved in recent years, putting a greater focus on its fast-growing risk and events units and sending its shares up more than 150 percent since 2012.
On Thursday it reported 2014 results broadly in line with forecasts, predicted further growth for 2015 and announced plans for a 500 million pound ($777 million) share buyback.
Direct to RELX Group Web Site
Note: Reed Elsevier PLC and Reed Elsevier NV are now RELX Group
See Also: If you’re interested in how Elsevier/RELX Group did financially (by market segment) in 2014, this press release has details. Numbers begin on page 24.
About Gary Price
