From WSJ: Pearson PLC Chief Executive Marjorie Scardino said Monday that she is "uncomfortable" with the Libyan sovereign wealth fund's 3% shareholding in Pearson and is seeking clarity as to whether a U.K. freeze on Libyan assets covers the stake.
Ms. Scardino's comments reflect an emerging issue for a variety of European companies grappling with the fact that they have the suddenly unwelcome Libyan Investment Authority as major shareholder..............................................Full Article: Source |