Bertelsmann Acquires 100% Stake in Random House Mondadori

Bertelsmann, the corporate parent of Random House, has purchased a 100 percent stake Random House Mondadori. Random House created the publishing house for Spain and Latin America in 2001, splitting the shares 50/50 with the Spanish publisher.

Spanish antitrust authorities still need to approve the acquisition, and the name will be changed “in the near future.”