Bloomsbury’s Landmark US Academic Publishing Acquisition
Company Announcements

Bloomsbury’s Landmark US Academic Publishing Acquisition

Bloomsbury Publishing (GB:BMY) has released an update.

Bloomsbury Publishing PLC has significantly expanded its academic publishing footprint with the strategic acquisition of Rowman & Littlefield’s academic business for $83 million, marking the company’s largest purchase to date. This move not only advances Bloomsbury’s 2030 vision by making it a leading US academic publisher but is also expected to be earnings accretive in the current fiscal year. The acquisition enhances Bloomsbury’s digital resources and is anticipated to substantially increase earnings by 2025/26, while offering potential cost synergies.

For further insights into GB:BMY stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks UK Auto-Generated NewsdeskBloomsbury Publishing Announces Live Investor Presentation
Ryan AdistBloomsbury Publishing (BMY) Discloses Q4 Dividend: What Shareholders Should Know
TipRanks UK Auto-Generated NewsdeskBloomsbury Publishing Soars with Record Revenue and Profit
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App