Pearson

Pearson is a media company that was formerly the owner of the Financial Times (FT). In 2015, Pearson sold the FT to the Japanese media group Nikkei for £844 million (approximately €975 million at the current exchange rate). This sale is highlighted in the context of a trend where several historical British press publications are now owned by foreign investors. While Pearson is not directly involved in the other news article about the British Business Bank's investment in Kraken, the reference to the FT sale demonstrates Pearson's past involvement in significant media ownership and its strategic decisions to divest from certain assets. The sale of the FT remains a relevant event in the media landscape, illustrating shifts in ownership and investment within the industry.