Pearson has announced advanced discussions on sale of FT Group

FTPearson is in “advanced discussions” over a sale of the Financial Times, it said on Thursday. Reuters said the London-based FTSE 100 company had decided to sell FT Group to an unnamed global digital news company, according to a person familiar with the deal.

Potential buyers previously linked to a move for the Financial Times include Axel Springer, Thomson Reuters and Bloomberg.

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