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The Guardian - UK
The Guardian - UK
Business
Mark Sweney

Bild publisher Axel Springer eyes Telegraph auction

Axel Springer BILD Telegraph Media Group Goldman Sachs Spectator Barclay Nikkei Lloyds Banking Group
The Daily Telegraph being posted through the letterbox of a front door
Lloyds Banking Group seized control of the Telegraph titles and the Spectator in June. Photograph: Chris Batson/Alamy

German media company Axel Springer has officially expressed interest in buying the Telegraph, prompting the prospect of a bidding war for the newspaper group.

The Berlin-based media conglomerate, which was trumped by the Barclay brothers in a bidding battle for the Telegraph and the Spectator magazine in 2004, has notified bankers of its interest in joining the auction of Telegraph Media Group.

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