The Financial Times will fly the Rising Sun flag. The property of the prestigious British publishing group is in fact about to pass to the Japanese of Nikkei: According to Marketwatch reports, Nikkei is taking over the Financial Times by the Pearson publishing group for 160 billion yen (1,19 billion euros), while in the meantime the German group Axel Springer has denied its interest in taking over the economic newspaper as recently reported by the FT itself, which cited two sources close to the dossier.
Nikkei was founded in 1876 and is one of the most important Japanese publishing houses: among other things it owns the Nihon Keizai Shinbun, Japan's most respected business newspaper. The firm that publishes the Financial Times, which has been owned by Pearson for nearly 60 years, also currently owns a 50 percent stake in the publisher of the British weekly The Economist.
