Pinhawk Report On Reed Re-Brand

We mentioned this yesterday but they’ve managed to dig up more information.. so thankyou Pinhawk for bringing this to our attention

Although after reading the Reed / RELX corporate statement full of pr buzzwords that mean next to nothing I have to say the first thought that came to mind was…”Never Mind The Bollocks Here’s RELX”….

“Higher growth adjacencies and geographies” what a load of old tosh

 

RELX Group : Formerly known as Reed Elsevier

Reed Elsevier announces that it has changed its name to RELX Group. What this means for LexisNexis is yet to be learned but they did make this statement as part of the description of their strategy:
We are transforming our core business, building out new products and expanding into higher growth adjacencies and geographies. We are supplementing this organic development with selective acquisitions of targeted data and content sets, and assets in high-growth markets and geographies, where we are the natural owner and can accelerate our strategy with good returns. We continue to divest assets that we are unable to migrate or where we do not see significant future value creation for the Group.

Read more about the name change at:
Reed Elsevier now RELX Group plc, as well as new company structure – D.B. Hebbard, Talking New Media

Reed Elsevier to rename itself RELX Group – Robert Cookson, FT.com

Tempus: RELX, don’t do it: new name is a puzzle – Martin Waller, The Times