Penguin Random House Completes Brazilian Objetiva Acquisition
Penguin Random House today completed its acquisition of Editora Objetiva, the highly regarded Brazilian trade publisher. In March, Penguin Random House agreed to purchase the trade book businesses of Santillana Ediciones Generales in Spain, Portugal, and Latin America. The non-Brazilian transactions closed on July 1. Luiz Schwarcz, CEO of Penguin Random House’s Brazilian sister publisher, Companhia das Letras, also will oversee Objetiva. Roberto Feith continues as Objetiva’s General Director. The Brazilian and international roster of distinguished authors published by Objetiva’s imprints include Jon Lee Anderson, João Cabral de Melo Neto, Daniel Goleman, Daniel Kahneman, Stephen King, Haruki Murakami, Vladmir Nabokov, João Ubaldo Ribeiro, Mario Vargas Llosa, Luis Fernando Verissimo, and Carlos Ruiz Zafón.