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The Guardian - UK
The Guardian - UK
Business
Guardian staff

Sale of the Observer to Tortoise Media agreed in principle

The Observer newspaper
The Observer newspaper. Photograph: David Levene/The Guardian

The sale of the Observer, the world’s oldest Sunday newspaper, to Tortoise Media has been agreed in principle.

The announcement by the Scott Trust, the ultimate owner of the Guardian and Observer, came as it also revealed that it would invest in Tortoise to become a key shareholder and take a seat on both the editorial and commercial boards of the media company.

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