By Reuters
(Reuters) – British education company Pearson Plc has entered into a 500 million pounds pension insurance deal with Legal & General Group Plc, Sky News reported on Thursday.
Pearson will reveal the buy-in deal with L&G on Friday, the report said.
Pearson declined to comment. L&G did not respond to a request for comment outside regular working hours.
(Reporting by Kanishka Singh in Bengaluru)