Aynur Tattersal / London, July 23 () - The largest media company of Japan, Nikkei announced that they will buy the FT Group for 844 million GBP from the UK based Pearson Company, taking down the shutters on its ownership of 58-year.
Pearson has been searching for a sale of the group, seeking to comprise the Financial Times, also a number of related titles along with a 50 percent stake in the Economist Group.
The deal between Nikkei and FT includes FT.com, the FT newpaper, and other titles such as Investors Chronicle and the Banker. However, it was stated that the Economist Stake and the FT Group’s property One Southwark Bridge in London were not included in the agreement.
