Despite fevered speculation, it’s nein from Axel Springer. Market Watch has the scoop:

Japanese financial newspaper Nikkei said Thursday that it is buying Financial Times from U.K. publishing group Pearson PLC for 160 billion yen, or $1.29 billion.

Who are Nikkei? Publisher of Nihon Keizai Shimbun, Japan’s leading financial newspaper, and various TV channels and English language publications. Pearson keep the Economist…

FT sale to Nikkei confirmed – Pearson's keeping that prime riverside property and The Economist pic.twitter.com/xM7GHcYKW7

— kadhim (@kadhimshubber) July 23, 2015

The FT will be looking for a new newsroom…