BREAKING NEWS

BREAKING NEWS

Pearson enters into £500 million pension insurance deal with L&G - Sky News

Pearson enters into £500 million pension insurance deal with L&G - Sky News
FILE PHOTO: The company logo is displayed outside the Pearson offices in London, Britain August 4, 2017. REUTERS/Neil Hall -
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NEIL HALL(Reuters)
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(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)

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