03/01/2011 07:42 am ET Updated May 25, 2011

Publisher Freezes Libyan Government Stake In Business

Pearson has frozen the Libyan government's 3% stake in the media group amid continuing violence in the Middle Eastern country.

The Libyan Investment Authority (LIA), Libya's sovereign wealth fund, has 26.6m shares in Pearson or 3.27% of the issued share capital, meaning it is Pearson's fifth biggest shareholder.

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