24 July, 2015
Skadden is advising Nikkei Inc., which has agreed to buy the FT Group from Pearson PLC for £844 million.
Skadden fielded a cross-border team of lawyers led by Mitsuhiro Kamiya in Tokyo and Scott Hopkins in London. This is the first time the firm has advised Nikkei.
Financial Times is one of the world's leading news organisations and publishes titles including the FT newspaper, FT.com, How to Spend, The Banker and Investors Chronicle.
Nikkei Inc. is the largest independent business media group in Asia. It acts as an operating holding company with its flagship newspaper Nikkei as a core. Group operations range from books and magazines to digital media, database services, broadcasting and other activities such as economic/cultural events.
Freshfields advised Pearson.
