£469M

Finweek English Edition - - IN BRIEF - The Economist, The Economist Fi­nan­cial Times

The amount (R9.3bn) Pear­son PLC will re­ceive for its 50% stake in

the 172-year-old busi­ness and po­lit­i­cal mag­a­zine. The buy­ers in­clude Exor SpA, which is owned by Italy’s bil­lion­aire Agnelli fam­ily – own­ers of Fiat Chrysler – and the Roth­schild fam­ily. Other prom­i­nent fam­i­lies with stakes in in­clude the Cad­burys and the Schroder bank­ing dy­nasty, ny­times.com re­ported. Pear­son re­cently also sold its stake in the to Ja­pan’s Nikkei as it plans to fo­cus on its ed­u­ca­tion as­sets.

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