pearson says sells its share of the economist group
Monday 7 July 2025
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice

Pearson says sells its share of The Economist Group

Emiratesvoice, emirates voice

Emiratesvoice, emirates voice Pearson says sells its share of The Economist Group

The Economist Group
London - AFP

British publishing company Pearson on Wednesday said it had agreed to sell its 50-percent stake in The Economist Group, owner of prestigious magazine The Economist.

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.

"Exor has agreed to purchase 27.8 percent of The Economist Group's ordinary shares for consideration of £227.5 million and all of the B special shares for consideration of £59.5 million from Pearson," the statement said.

"Pearson's remaining ordinary shares will be repurchased by The Economist Group for a total consideration of £182 million."

The sale forms part of major restructuring at Pearson, which wants to focus solely on its education publishing business.

It last month announced plans to sell The Economist Group, which includes also Economist.com and the Economist Intelligence Unit, as it revealed a deal to sell the Financial Times newspaper to Japanese digital media group Nikkei.

"Pearson is now 100 percent focused on our global education strategy," its chief executive John Fallon said in Wednesday's statement.

"The world of education is changing rapidly and we see great opportunity to grow our business through increasing access to high quality learning globally."

Pearson described The Economist as "one of the world's leading weekly business and current affairs publications with a circulation of around 1.6 million".

GMT 11:47 2018 Tuesday ,23 January

Bahrain Press headlines

GMT 10:35 2018 Monday ,22 January

Bahrain Press headlines

GMT 12:43 2018 Friday ,19 January

Bahrain press headlines

GMT 13:14 2018 Thursday ,18 January

Bahrain Press headlines

GMT 11:57 2018 Tuesday ,16 January

Bahrain Press headlines

GMT 12:25 2018 Sunday ,14 January

Bahrain press headlines

GMT 11:57 2018 Sunday ,14 January

Bahrain Press headlines
Emiratesvoice, emirates voice
Emiratesvoice, emirates voice

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

pearson says sells its share of the economist group pearson says sells its share of the economist group

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

pearson says sells its share of the economist group pearson says sells its share of the economist group

 



GMT 09:54 2018 Wednesday ,24 January

'Friendly and kind' N. Korean skaters

GMT 16:01 2012 Thursday ,04 October

Yemen\'s Shaema, Aziz reign supreme

GMT 04:24 2018 Monday ,22 January

UN appeals for nearly $3 bn to save

GMT 20:07 2012 Friday ,09 November

Djokovic:Rivalry with Murray is one for the ages

GMT 21:37 2011 Friday ,23 September

Humour in Hitler\'s Germany

GMT 06:54 2017 Sunday ,26 February

Moroccan Actor Mohammed Hassan Al-Jundi Dies at 79

GMT 22:58 2017 Friday ,05 May

Emir and President of Poland Hold Joint Press

GMT 12:26 2018 Tuesday ,09 January

Twenty attacks foiled in France 2017

GMT 06:36 2017 Sunday ,19 March

Israeli Army bombs northern Gaza Strip

GMT 18:06 2017 Thursday ,02 November

MBRSG wraps up Arab Leadership and Government

GMT 07:03 2015 Saturday ,26 September

Emirates Palace Spa among big winners of World Awards
 
 Emirates Voice Facebook,emirates voice facebook  Emirates Voice Twitter,emirates voice twitter Emirates Voice Rss,emirates voice rss  Emirates Voice Youtube,emirates voice youtube  Emirates Voice Youtube,emirates voice youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

emiratesvoieen emiratesvoiceen emiratesvoiceen emiratesvoiceen
emiratesvoice emiratesvoice emiratesvoice
emiratesvoice
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
emiratesvoice, Emiratesvoice, Emiratesvoice