You are here

Pearson selling stake in The Economist for £469m and exiting news

BT_20150813_DNSELL13_1821652.jpg
The Economist, which has been edited in London since 1843 and is read by many political and business leaders, has a circulation of 1.6 million.

London

PEARSON Plc agreed to sell its stake in the 172-year-old The Economist magazine in a £469 million (S$1.03 billion) deal with Exor SpA, completing an exit from business publishing after disposing of the Financial Times newspaper last month.

Exor, the Agnelli family's...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes