Financial Times acquired by Japanese media company Nikkei

After owning Financial Times (FT) for nearly 60 years, the British group Pearson decided to sell the prestigious newspaper to the Japanese group Nikkei for around 1 billion Euro.

The selling of Financial Times, a publication specialized in delivering economic information and news , has been subjected to much speculation especially after Pearson started showing increasingly more interest in providing educational services in North America and emerging markets.
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However, the British group said many times that it remains committed to the Financial Times given the strong brand represented by this publication.