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.