Japan's largest media company buys the Financial Times in a £844m deal

Friday, July 24th 2015 - 10:15 UTC

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Nikkei, Japan’s largest media company, is to buy the FT Group from Pearson for £844m, after stunning its rival bidder Germany’s Axel Springer with an eleventh hour offer for the London-based global news organisation. The deal marks the end of an era, bringing the curtain down on Pearson's 58 year ownership of the Financial Times at a time of upheaval in the global media industry. Read full article

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And Germany replied,

No F.T--No Comment.
Jul 24th, 2015 - 07:42 pm - Link - Report abuse 0
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