Spiegel-Verlag wants to invest in Financial Times Deutschland
The German publisher Spiegel-Verlag is currently in talks to acquire a stake in the business newspaper Financial Times Deutschland. According to media reports, the British publishing group Pearson intends to sell its 50 percent stake in the Hamburg-based company.
The German Spiegel publishing house is currently negotiating an investment in the business newspaper Financial Times Deutschland. The British publishing group Pearson wants to sell its 50 percent stake to the Hamburg-based company, as Horizont.net reports. The contracts are said to be ready to be signed. However, there has been no official statement to date. Pearson has been publishing the Financial Times Deutschland since 2000 in a joint venture with the publishing house Gruner + Jahr. The paper has a paid circulation of 103,000 copies. According to Horizont.net, however, the title has so far proved to be a loss-maker.
