Reed Elsevier, as a distinct corporate entity, no longer exists in its original form; it has evolved into RELX PLC, a global provider of information-based analytics and decision tools. Therefore, the ownership of what was formerly known as Reed Elsevier rests with the shareholders of RELX PLC.
The Evolution from Reed Elsevier to RELX PLC
The transformation from Reed Elsevier Group PLC to RELX PLC reflects a strategic shift from a traditional publishing and events conglomerate to a data and analytics powerhouse. The name change, finalized in 2015, underscored this evolution, consolidating its diverse portfolio under a unified brand. While the name "Reed Elsevier" might still be colloquially used, especially in connection with its heritage in publishing (like Elsevier itself), the parent company today is RELX PLC.
Understanding RELX PLC's Business Structure
RELX PLC operates through four primary business segments, each leveraging advanced analytics and technology to serve specialized markets globally. The legacy components of Reed Elsevier are now integrated within these segments, providing essential information and tools to professionals across various industries.
Here's a breakdown of RELX PLC's key segments:
| Current RELX PLC Segment | Primary Focus Areas | Connections to Former Reed Elsevier Operations |
|---|---|---|
| Scientific, Technical & Medical | Scientific and medical research, clinical solutions | Houses Elsevier, a world-leading publisher of scientific, technical, and medical information. |
| Risk | Data analytics, decision tools for risk assessment | Includes LexisNexis Risk Solutions, which provides data-driven insights for financial services, government, and other sectors. |
| Legal | Legal and business information, analytics, software | Incorporates LexisNexis Legal & Professional, a global provider of legal and regulatory information. |
| Exhibitions | Professional and business exhibitions, trade shows | Operates as Reed Exhibitions (now RX Global), organizing events worldwide. |
This structure highlights how the foundational assets and expertise of Reed Elsevier have been strategically realigned to deliver high-value information and analytics.
Who Are the Owners?
As a publicly traded company, RELX PLC is owned by its shareholders. These shareholders can be:
- Institutional Investors: Large investment firms, mutual funds, pension funds, and other financial institutions.
- Individual Investors: Private citizens who purchase shares through stock exchanges.
Shares of RELX PLC are listed on the London Stock Exchange (LSE) under the ticker symbol REL, and its American Depositary Receipts (ADRs) are traded on the New York Stock Exchange (NYSE) under the symbol RELX. This means that anyone can become an owner of RELX PLC by purchasing its shares. The collective decisions and financial performance of RELX PLC directly impact the value for its broad base of owners.
The company's leadership manages the business on behalf of these shareholders, aiming to create long-term value through strategic investments, operational efficiency, and innovation across its specialized information and analytics segments.
