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The Independent UK
The Independent UK
Business
Casey Cooper-Fiske

Daily Mail publisher agrees £500m deal to buy Telegraph newspaper

Daily Mail DMGT RedBird IMI The Telegraph James Manning Telegraph Media Group The Daily Mail the Daily Telegraph
DMGT has agreed a deal to buy Telegraph Media Group (James Manning/PA) - (PA Wire)

The publisher of the Daily Mail has agreed a £500 million deal to buy Telegraph Media Group.

Daily Mail and General Trust (DMGT) agreed to purchase the Telegraph from Redbird IMI after an attempted purchase by the Abu Dhabi-backed investment firm was blocked by the then Tory government.

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