FT owner turns to magic circle firm for advice as it agrees to sell the publishing group to a Japanese media company
July 23, 2015 at 03:49 PM
1 minute read
The original version of this story was published on Legalweek
US firm Skadden Arps Slate Meagher & Flom and Freshfields Bruckhaus Deringer have won roles advising as Pearson sells the Financial Times to Japanese media company Nikkei for £844m.
The FT Group, which has been owned by Pearson for 58 years, comprises the Financial Times and related titles as well as a 50% stake in the Economist Group, publisher of The Economist magazine.
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