Reed Elsevier to change name to RELX Group

reedReed Elsevier plans to change its name to RELX Group and to simplify its corporate structure by combining the assets below its UK and Dutch parent companies into a single group entity for the first time. The group also reported full-year results for 2014, which showed underlying revenues up 3 per cent at £5.77bn but a 14 per cent fall in net profit to £995m.

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