Pearson Education Ltd (Pearson)
||Acquisition of Education Development International plc (EDI)
In May 2012, Pearson acquired EDI. Following the acquisition, Pearson provided an undertaking which explained the steps it would take to ensure compliance with the ‘General Conditions of Recognition’ during the transitional period when it merged EDI’s business with its own.
In line with general condition B8, Pearson must now take all the steps identified in the undertaking. We will monitor Pearson to make sure it follows through on the commitments it has made, and can take further action if it doesn’t.