Pearson Said To Be Considering Sale Of The Financial Times – ValueWalk Premium

Pearson Said To Be Considering Sale Of The Financial Times

According to people with knowledge of the matter, publisher Pearson is considering the sale of the Financial Times after receiving potential interest from several buyers.

According to reports from Bloomberg, sources who asked not to be identified suggested that the iconic newspaper could be valued at as much as £1 billion or roughly $1.6 billion. As of yet, there is no formal sale process underway, although it's believed that negotiations are taking place behind closed doors. Parties that could be interested in the paper include Axel Springer SE, one of Europe's largest digital publishers, as well as . . .

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