The GuardianLean L·
Telegraph’s £575m takeover by German group completed
Acquisition by Axel Springer ends three years of uncertainty over ownership of 172-year-old titles Business live – latest updates The European media group Axel Springer has completed its £575m takeover of the Telegraph , ending three tumultuous years of uncertainty over the future ownership of the 172-year-old titles. The Germany-headquartered company, which gazumped the owner of the Daily Mail by tabling a blockbuster offer at the 11th hour, said it had now received all regulatory approvals in…
Read at The Guardian →