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Bloomsbury Publishing snaps up Red Globe Press from Macmillan Education for £3.7mln

Bloomsbury Publishing PLC's (LON:BMY) Jenny Ridout talks to Proactive London about the acquisition of certain assets of Red Globe Press (RGP), the academic imprint, from Macmillan Education Ltd for £3.7mln.

Ridout says this purchase complements their mission to 'publish works of excellence and originality that inspire, educate and inform'.

RGP specialises in high-quality publishing for Higher Education students globally in Humanities and Social Sciences, Business and Management, and Study Skills.

It has a backlist of more than 7,000 titles and publishes more than 100 new titles per year, with content including digital platforms, textbooks, research-driven materials and general academic publishing.

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Price: 350 GBX

Market Cap: £285.63 m

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