Group buys Nikkei Financial Times – The Economist

Pearson completed the sale of the Financial Times to, previamentes Japanese group Nikkei Axel Springer group was interested in the newspaper.

The British group Pearson completed the sale of the Financial Times the Japanese Nikkei group said on Thursday July 23 newspaper itself.

Citing sources close to the negotiations, the FT had indicated that the Nikkei Japanese group was interested in buying the rotary, but that negotiations with Axel Springer were more advanced.

Earlier, Pearson had confirmed in a statement that negotiations, but without indicating the name of the potential buyer.

prior information, the Reuters news agency had reported that Pearson was examining possible deals for the newspaper, in a deal that could value the paper at up to 1,000 million pounds (1,600 million).

The FT group includes the Financial Times and its website, 50% of The Economist, and the local Russian newspaper Vedomosti, a joint subsidiary with a Russian company.

The Financial Times, an institution of influential world press in the circles of power, has a daily circulation of 720,000 copies if your paper version and Internet downloads are added.

The online edition represents 70% of its total circulation .

rarl