Alongside the unveiling of half-year financial results yesterday (see Pearson Profits Remain Strong), Pearson chief executive, Marjorie Scardino, is also reported to have confirmed that the group is looking to dispose of its stake in satellite broadcaster BSkyB.
Pearson holds only 3% of BSkyB, but it is expected that a sale may fetch over £220 million, and that Pearson is open to ‘good’ offers. No one was available at Pearson for further comment when contacted by Newsline this afternoon.
Pearson shares yesterday closed up 80p (7%) at £12, riding on the back of the strong financial results.
Pearson: 0171 411 2000
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