Nikkei Not Looking for Quick Return from Financial Times

Financial Times: Nikkei is not looking for an immediate return from the company’s purchase of the Financial Times and will judge the success of the deal over the next 10 to 20 years. Tsuneo Kita, chairman of Nikkei Group, said that it was “taking a long-term view.” He added that the two companies would collaborate on digital expansion and third-party content distribution via platforms such as Facebook.