The Financial Times headquarters on the south bank of the river Thames is on the verge of being acquired by M&G as part of a deal that will see WPP, the advertising group, move into the building.
The building at One Southwark Bridge, which has been occupied by the newspaper since 1989, had been due to be marketed in October.
But WPP and M&G, the fund manager owned by Prudential, entered into early talks with the vendor, Pearson, for more than the planned £90m asking price, according to multiple people briefed on the discussions.
