Arab Today, arab today pearson to sell financial times to nikkei
Last Updated : GMT 15:50:29
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Pearson, to sell Financial Times to Nikkei

Arab Today, arab today

Arab Today, arab today Pearson, to sell Financial Times to Nikkei

Financial Times
London - AFP

British publisher Pearson on Thursday said it had agreed to sell its flagship business daily the Financial Times to Japanese media group Nikkei.

Pearson said it was selling FT Group, which includes also FT.com, for £844 million ($1.31 billion, 1.2 billion euros) in cash. The agreement does not include FT Group's 50-percent stake in The Economist Group, owner of The Economist magazine.

 

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