The Traderszone Network

Published in TZ Latest News 25 July, 2015 by The TZ Newswire Staff

Pearson says in talks to sell its 50 percent stake in The Economist

British publishing group Pearson (PSON.L) said on Saturday it was in talks to sell its 50 percent stake in The Economist Group, publisher of The Economist newspaper. The move comes on the heels of Pearson’s sale of the Financial Times newspaper to Japanese media group Nikkei, announced this week. “Pearson confirms it is in discussions with The Economist Group Board and trustees regarding the potential sale of our 50 percent share in the Group,” the company said in a statement on Saturday.