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The Guardian - UK
The Guardian - UK
Business
Guardian staff

Guardian parent company in talks over potential sale of Observer

Observer Tortoise Guardian Media Group Tortoise Media James Harding GMG
Blurred figures walk past a window behind which are the words 'The Guardian' and 'The Observer'
The Observer, founded in 1791, was bought by Guardian Media Group in 1993. Photograph: Alicia Canter/The Guardian

The Guardian’s parent company has announced that it is in formal negotiations with Tortoise Media over the potential sale of the Observer, the world’s oldest Sunday newspaper.

Guardian Media Group (GMG) told staff it was in exclusive negotiations with Tortoise after being approached with an offer that was significant enough to look at in more detail.

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