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The Guardian - UK
The Guardian - UK
Business
Roy Greenslade

Pearson to sell off FT's German sister

Pearson is understood to be close to selling its half-share in FT Deutschland, the German sister paper to the Financial Times. The stake will go to its joint venture partner Gruner + Jahr, a division of the media giant Bertelsmann. The deal, totalling somewhere between €15-20m (£11.3-15.1m), ends Pearson's foray into foreign language newspapers. (Via FT.com)

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