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Activist investor buys stake in Pearson

Europe's biggest activist investor has bought a 5.4% stake
Activist investor buys stake in Pearson

Shares in Pearson (PSON) climbed up as much as 13  per cent on 12 June, following the news that active investment manager Cevian Capital had bought a 5.4 per cent stake in the publisher and said that it expected a new chief executive with a “clear track-record of shareholder-value creation” to realise the company’s “full potential”. 

IC TIP: Hold at 562p

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