THE Financial Times reported Saturday that its parent company, Pearson Plc., is in talks to sell its 50 percent stake in the Economist magazine.

    The report said the talks involve other shareholders in the Economist Group.

    The FT said Saturday its report is based on people familiar with the negotiations. It did not indicate a sale is imminent.

    The company has said it wants to focus on its education business. Pearson acquired its stake in the Economist in 1957.

    (SD-Agencies)