Japan's Nikkei Buys Financial Times in $1.3 Billion Deal

London: Japanese media group Nikkei on Thursday agreed to buy the Financial Times from Britain's Pearson in a $1.3-billion deal that brings together two leading financial news organisations from Europe and Asia. The sale of the FT Group does not include its 50 per cent stake in The Economist magazine or the London headquarters of the newspaper on the banks of the River Thames. Reuters reported earlier on Thursday that the 171-year-...