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Evening Standard

Henry Saker-Clark

Axel Springer to complete £575m Telegraph takeover

Axel Springer Business Insider RedBird IMI the Telegraph Media Group United States United Kingdom

Axel Springer is set to complete its £575 million takeover of the Telegraph (James Manning/PA) - (PA Archive)

German media giant Axel Springer is to complete its £575 million takeover of the Telegraph.

The Telegraph will come under new ownership after a turbulent three years attempting to secure a long-term future for the brand.

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