Pearson Sells Economist Group Stake for £469m

Pearson has sold its 50% stake in the Economist Group, publisher of the Economist, to existing shareholders for £469m in cash.

 

The deal, a fait accompli following Pearson’s sale of the Financial Times to Nikkei for £844m last month, will see a major change in the power structure of the major shareholders that control the Economist Group.

RSS
Follow by Email
Facebook
Facebook
Twitter
Visit Us
LinkedIn

Leave a Reply

Your email address will not be published. Required fields are marked *