UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934
For the month of May 2008
PEARSON plc
(Exact name of registrant as specified in its charter)
N/A
(Translation of registrant's name into English)
80 Strand
London, England WC2R 0RL
44-20-7010-2000
(Address of principal executive office)
Indicate by check mark whether the Registrant files or will file
annual reports
under cover of Form 20-F or Form 40-F:
Form 20-F
X
Form 40-F
Indicate by check mark whether the Registrant by
furnishing the information
contained in this Form is also thereby furnishing
the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934
Yes
No X
This Report includes the following documents:
1. A press release from Pearson plc announcing Acquisition
PEARSON STEPS UP INVESTMENT IN
CHINA
:
ACQUIRES TWO PRIVATE ENGLISH LANGUAGE SCHOOL
CHAINS
Pearson, the international education and
information company, today announces that it has agreed to acquire two
privately-owned English language school chains in
China
.
Learning Education Center (LEC), founded in 2000,
provides English language instruction for children aged five to 12, through 17
schools, principally in Shanghai. Children attend classes after school, at weekends
and during school holidays. Pearson has acquired 80% of LEC from its founders,
Andrew Chen and Michelle He.
Dell English, founded in 1999, offers English
language training to students typically aged between 15 and 35 years old, through
more than 20 schools, principally in
Beijing
. Pearson will initially acquire 50% of Dell
English from its founder and owner, Cole Wang, and will make further investment
over the next three years to fund the expansion of the business, taking Pearson's
stake to 70%.
Together, LEC and Dell English had sales of
approximately $10 million in 2007 and gross assets of about $6.2 million at the end
of 2007.
Pearson plans to support the continued expansion of
both schools, which w
ill operate under the 'Learning'
brand. Marjorie Scardino, Pearson's
chief
executive, is formally opening '
Learning' at one of its schools today
in
Shanghai
. Pearson will develop new curriculum materials
for
China
, drawing on content from Penguin and Pearson
Longman, one of the world's leading publishers of English language training
materials for teachers and students. Pearson also will invest in new teacher
development programmes, assessment services and interactive digital learning
programmes.
"We are significantly accelerating our investment
and growth in
China
," said Marjorie Scardino. "It is a market where
public and private spending on education is growing rapidly, where parents see that
English language proficiency is central to their children's success and adults see
that English greatly improves their job prospects in the global economy. We are
very proud that these two fast-growing businesses are joining Pearson, and we are
excited by the opportunities to build our business and serve students there."
Pearson also announced today that the Pearson
Foundation, the company's charitable arm, will help rebuild and support a school
that was significantly damaged and disrupted by the recent earthquake
in
China
.
In the
UK
: Simon Mays-Smith/ Charles Goldsmith
+44
(0)
20 7010 2310
In
China
: James Kynge
+86 13801
222430
Pearson's other activities in China include Pearson
Education, which co-publishes
textbooks
with Chinese partners, in addition to
English-language dictionaries and training books; Penguin, which this year began
publishing Penguin Classics in Mandarin and is publishing the Chinese best-selling
novel Wolf Totem in English around the world; and FTChinese.com, the
Chinese-language website of the Financial Times. Other Pearson activities in China
include Pearson VUE, the professional testing unit, and the New York Institute of
Finance, which develops courses in marketing, finance and information
technology.
SIGNATURE
Pursuant to the requirements of the Securities Exchange
Act of 1934, the registrant has duly caused this
report to be signed on its behalf by the undersigned, thereunto
duly authorized.
PEARSON plc
Date: 28 May 2008
By: /s/ STEPHEN JONES
-----------------------
Stephen Jones
Deputy Secretary