February 21, 2019 / 8:39 PM / 7 months ago

Pearson enters into 500 mln stg pension insurance deal with L&G - Sky News

Feb 21 (Reuters) - British education company Pearson Plc has entered into a 500 million pounds ($651.70 million) 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 bit.ly/2E0XqnB said.

Pearson declined to comment. L&G did not respond to a request for comment outside regular working hours. ($1 = 0.7672 pounds)

Reporting by Kanishka Singh in Bengaluru

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below