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		</div><p>Financial Times owner Pearson has agreed to sell the newspaper to Japan’s Nikkei for £844m (€1.2bn).<br />
Pearson has owned the Financial Times since 1957.<br />
The sale does not include the FT Group’s property at One Southwark Bridge, where it has its headquarters, and its 50% stake in The Economist.</p>
<p>The cash deal is subject to regulatory approval and expected to complete in the fourth quarter of this year.<br />
Pearson chief executive John Fallon said: “Pearson has been a proud proprietor of the FT for nearly 60 years.<br />
“But we’ve reached an inflection point in media, driven by the explosive growth of mobile and social.</p>
<p>“In this new environment, the best way to ensure the FT’s journalistic and commercial success is for it to be part of a global, digital news company.<br />
“Nikkei has a long and distinguished track record of quality, impartiality and reliability in its journalism and global viewpoint. The board and I are confident that the FT will continue to flourish under Nikkei’s ownership”.</p>
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