Pearson To Sell 50% Stake in FTSE To LSE

by Lisa Levin, Benzinga Editor

December 12, 2011 4:33 AM | 14 seconds read | Make a Comment

Pearson PLC

PSO

agreed to sell its 50% stake in FTSE International Ltd (

) to the London Stock Exchange Group PLC

LDNXF

for £450 million ($702 million) in cash. LDNXF shares closed at $12.69 on Friday.

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