Pearson considers the sale of FT Business

LONDON - Publishing giant Pearson has confirmed it has been approached by a number of parties interested acquiring FT Business, its UK specialist financial publishing house.

FT Business publishes a number of magazines covering a range of financial subjects. Titles include Investors Chronicle, Financial Adviser, The Banker, Investment Adviser and Pensions Week.



Luke Swanson, Pearson's head of corporate communications, said: "The offers have been coming in over the last few weeks. We are hoping to sell the business, but obviously the offer must be right."



The international media group has appointed Lazard to advise it on its next move. The value of the business or the parties interested in acquiring it have not been disclosed.



Last year Pearson completed a programme that saw the company selling off its non-financial titles, concluding with the sale of FT Energy to Platts in September.



If you have an opinion on this or any other issue raised on Brand Republic, join the debate in the Forum here.



Have your say...

Before commenting please read our rules for commenting on articles.

If you see a comment you find offensive, you can flag it as inappropriate. In the top right-hand corner of an individual comment, you will see 'flag as inappropriate'. Clicking this prompts us to review the comment. For further information see our rules for commenting on articles.

comments powered by Disqus
Media Week Jobs
Search for more media jobs

Latest

Digital out of home: navigating the revolution of the oldest medium

Digital out of home: navigating the revolution of the oldest medium

Drawing on market trends from outdoor's second-quarter results, Primesight's Chris Forrester warns against an industry eating itself.

Share
My Media Week: Simon Kilby

My Media Week: Simon Kilby

This week, Simon Kilby, head of marketplace, Bauer Media, readies the national launch of Magic on DAB and celebrates future change at Bauer Radio's annual conference, with dire consequences the next day.

Share
Piers Morgan becomes editor-at-large of MailOnline US

Piers Morgan becomes editor-at-large of MailOnline US

Piers Morgan, formerly of CNN and Trinity Mirror, has been appointed editor-at-large of MailOnline's US operation.

Share

Get news by email