Australian, NZ McGraw Hill operations included in private equity acquisition
The sale of McGraw-Hill Education to US private equity group Apollo Global Management will include the publisher’s Australian and New Zealand operations. A spokesperson for McGraw-Hill Education in the US...
Mcgraw Hill education to be acquired by private equity group in US
McGraw-Hill Cos. (MHC) has agreed to sell McGraw-Hill Education to the private equity group Apollo Global Management for US$2.5 billion (A$1.96 billion), reports Publishers Weekly (PW). ‘MHC hopes to complete...
‘Rapid growth’ in digital products at McGraw-Hill Australia and New Zealand; 2011 revenue in international markets ‘slightly’ below 2010
McGraw-Hill Education's business in Australia and New Zealand is 'benefiting from the rapid growth in digital products and sales that is transforming education', despite 'challenging economic conditions in 2011', according...
McGraw-Hill to split into two companies
International publisher McGraw-Hill has announced that the business will be divided into two companies in 2012. As part of a 'Growth and Value Plan' approved by the board of directors,...
Cengage acquires McGraw Hill secondary list
Cengage Learning has announced it has acquired McGraw-Hill Australia's portfolio of secondary school titles. The acquisition, effective 1 August 2010, was ‘an attractive portfolio fit for Cengage Learning with the...
St Leger to leave McGraw-Hill Education
Murray St Leger, managing director of McGraw-Hill Education (MHE) in Australia has decided to move back to the United Kingdom for family reasons. Cindy Jones, who has been with MHE...
McGraw-Hill global revenue drops, ‘excellent year’ locally
McGraw-Hill Companies, parent company of McGraw-Hill Australia, has reported a decline in revenue at McGraw-Hill Education of 9.5% for 2009. Revenue dropped to US$2.1 billion (A$2.4 billion) and operating profit...
Cooke wins British Medical Association book award
Infectious Diseases: Atlas, Cases, Text (Robin A Cooke, McGraw-Hill Education Australia) has won the British Medical Association (BMA) Medical Book Competition's BMA Illustrated Book Award, announced in London on 8...
McGraw-Hill Education bounces back
Total international revenue for McGraw-Hill Education rose 7.2% in 2007, and operating income increased 21.5% to US$400 million (A$430 million), according to annual results just released by the company. The figures...
McGraw-Hill global restructure hits primary division in Australia
McGraw-Hill has announced a global restructure, with over 600 jobs cut worldwide, 300 of them in McGraw-Hill Education publishing businesses.Murray St Leger, MD of McGraw-Hill Australia/New Zealand, told WBN that locally...