(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.
Reporting by Kanishka Singh in Bengaluru