Education group Pearson sells Courseware businesses in Italy, Germany for $203 mln

LONDON, June 7 (Reuters) – Education group Pearson (PSON.L) has agreed to sell its local K12 Courseware businesses in Italy and Germany to Sanoma Corporation for 163 million pounds ($203 million), it said on Tuesday.

Pearson announced a strategic review of its International Courseware local publishing businesses in March last year and completed the disposal of its Brazilian learning resources business sistemas in October for 108 million pounds.

($1 = 0.8028 pounds)

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Reporting by James Davey, Editing by Louise Heavens

Our Standards: The Thomson Reuters Trust Principles.

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