Pearson says sells its share of The Economist Group
Britain's Pearson
London - Arab Today
British publishing company Pearson on Wednesday said it had agreed to sell its 50-percent stake in The Economist Group, owner of The Economist magazine.
The share is being sold for £469 million ($730 million, 663 million euros), split between The Economist Group itself and Italian investment firm Exor, which is controlled by the Agnelli family, Pearson said in a statement.
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