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Pearson (psorf) , which has issued 5 revenue warnings in four years after students in the United States began renting text books reasonably than buying them, stated its loss included an impairment of goodwill of 2.5 billion kilos, reflecting the challenges going through the business.
The company mentioned it was trying to sell its English take a look at preparation enterprise in China, World Schooling, which it acquired in 2011 for $155m (£123m), and to find a strategic companion for the English-language learning enterprise Wall Street English, which it acquired in 2009 for $145m.
The world’s …