October 24, 2018

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Financial Times sold to Japanese media group Nikkei for £844m

Financial Times sold to Japanese media group Nikkei for £844m

The Financial Times has been sold by Pearson to Japanese financial media group Nikkei in a deal said to be worth £844m.

The sale of the British newspaper was announced on Thursday hours afterPearson confirmed that it in “advanced talks” to sell the business newspaper, which it has owned for nearly 60 years.

Nikkei was confirmed as the buyer on Thursday. The sale does not include the 50% share in the Economist group or the FT’s headquarters by the River Thames in London. Read more

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