By Gillian West

Luxury property developers Nick and Christian Candy are reported to have made an attempt to buy the Financial Times.

The move prompts questions about the ownership of the newspaper which could be valued at £790 million if a competitive auction were to be held.

According to The Times the brothers are among a number of potential buyers – including Mukesh Ambani, one of the richest men in India, Bloomberg and several private equity firms – that have contacted current owners Pearson about buying the publication.

Despite former Pearson chief executive Dame Marjorie Scardino declaring that the Financial Times would be Read full story ›

Source: The Drum