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Montevideo, December 23rd 2024 - 08:50 UTC

Tag: Exor

  • Thursday, August 13th 2015 - 07:40 UTC

    The Economist group strengthens independence through share buy-back

    “This agreement will also lead to the sale of the Economist Complex, which has served us well for many years”.

    The Economist Group announced on 12 August 2015 that it will buy back 5.04m ordinary shares (20% of total share capital) from Pearson plc for £182m. Pearson’s remaining shares in the Group will be acquired by Exor for £287m, including all of its 1.26m B shares and 6.3m ordinary shares (30% of total share capital).<br />
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