Japan’s Nikkei to buy Financial Times for £844m

Pearson is selling the FT Group for £844 million ($1.31 billion, 1.2 billion euros)British publisher Pearson on Thursday said it had agreed to sell its salmon-pink business newspaper the Financial Times to Japanese media group Nikkei for £844 million ($1.31 billion, 1.2 billion euros). Pearson said it was selling the FT Group, which includes FT.com. In a video interview with the FT, Pearson's chief executive John Fallon said the company wanted to focus on being "the world's best education company".


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