Pearson sells to Japan’s Financial Times newspaper – NU.nl

Pearson reported Thursday. The company gets 844 million pounds (1.2 billion euros) for the British newspaper.

The printed newspaper, the news and some of its subcomponents are about to Nikkei. By the end of this year, the acquisition should be completed.

The building of FT in London and the importance of Pearson in the Economist Group, publisher of the eponymous magazine, are not covered by the agreement.

In 2014, the FT Group achieved a turnover of 334 million pounds and a profit of 24 million pounds. The company’s assets are valued at 250 million pounds.

Earlier in the day there were different names around as potential acquisition targets in the British newspaper. Thus, by the editors of

the Financial Times itself Axel Springer, publisher of Bild and Die Welt named.

Pearson, the Financial Times for about sixty years in the property. The newspaper has existed since 1888. The newspaper now has a total circulatiem, digital and print, of 737,000 copies and employs about five hundred journalists in fifty countries.

Door : NU.nl