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The Latest Breaking News from DMGT

Culture secretary to consider investigation into Telegraph takeover by Daily Mail owner

Lisa Nandy will have to assess deal after formal request from the seller, Abu Dhabi-backed RedBird IMI

The Guardian - UK

Daily Mail owner secures funding for £500m takeover of Telegraph

Details of financing structure to be reviewed by culture secretary and regulators before deal can proceed

The Guardian - UK

Move over, Murdoch: will Lord Rothermere be Britain’s most powerful media mogul?

The Daily Mail owner has the Telegraph titles in his sights as part of a long-held ambition to create a dominant stable of rightwing newspapers

The Guardian - UK

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Daily Mail’s parent company on ‘credit watch’ over Telegraph takeover

S&P Global Ratings warns Lord Rothermere’s RCHL could face credit downgrade as it seeks funding for £500m deal

The Guardian - UK

Daily Mail Launches £500M Bid to Take Over the Telegraph in Explosive Media Shake-Up

DMGT enters exclusive talks to buy The Telegraph, marking a major shift in the UK media landscape.

International Business Times UK

Lord Rothermere’s Telegraph takeover strengthens UK media’s rightwing tilt

Many fear competition and diversity will be diminished as Daily Mail owner wins race to buy newspaper

The Guardian - UK

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

The Telegraph has been the subject of a potential takeover for more than two years.

The Independent UK

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Daily Mail owner strikes £500 million deal to buy The Telegraph

DMGT has now entered exclusive talks to purchase the historic broadsheet

The Independent UK

Daily Mail owner strikes £500m deal to buy Telegraph titles

Acquisition likely to trigger in-depth investigation by regulator after agreement between DMGT and Redbird IMI

The Guardian - UK

Ministers refuse to name companies that lobbied them over foreign ownership of UK newspapers

Revealed: Crossbench peers scrutinising proposed law change say they were told not to share companies involved

The Guardian - UK

Daily Mail staff face job losses as online and print teams merge

News operations at Daily Mail and MailOnline to bring print and digital teams together

The Guardian - UK

Sun and Daily Mail publishers cut jobs in US digital operations

Daily Mail owner says it has made ‘a small number’ of job cuts in US, and US Sun is also cutting back

The Guardian - UK

Daily Mail owner pulls out of race to buy Telegraph blaming new Labour government

Earlier this year, the Conservative government intervened to block Abu Dhabi-backed fund RedBird IMI from buying the newspaper group

The Independent UK

British Newspapers: Who Owns What?

A UK government proposal to ban foreign states from owning British newspapers looks set to scupper plans for an Abu Dhabi-led bid to take over the Telegraph Media Group (TMG).

International Business Times

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The Guardian - UK

Telegraph and Spectator takeover: News Corp and Mail owner consider bids

Planned acquisition by UAE-backed RedBird IMI is being considered by the culture secretary

Evening Standard

Air Mail valuation cut by nearly 50% as takeover talks loom

Air Mail has seen its valuation slashed by nearly 50% amid reports the fledgling magazine is in takeover talks.

Evening Standard

Legal tech firm Farewill sees value written down more than £50 million by shareholder Daily Mail

Legal tech firm Farewill has seen its valuation slashed by more than £50 million by one of its major shareholders, the Standard has learnt, amid growing signs European tech firms are struggling to hold on to the heady valuations they attracted during the height of the pandemic.

The Guardian - UK

Top Tory strategist’s lobbying firm advising Daily Mail owners on Telegraph bid

Exclusive: Isaac Levido’s company, Fleetwood Strategy, is helping DMGT navigate potential acquisition of rightwing broadsheet

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The National (Scotland)

Telegraph and Spectator expected to be bought over by Abu Dhabi-backed fund

Abu Dhabi-backed investment fund RedBird IMI has paved the way to take control of the Telegraph and Spectator publications after agreeing loans to…

The Guardian - UK

Telegraph auction poses litmus test for value of newspapers in digital age

While falling sales suggest the demise of print, the industry has proved adaptable and remains attractive to media barons

Evening Standard

The Telegraph has drawn a glittering array of bidders. But which will win?

Profitable and influential, the Telegraph is far from a distressed asset

The Guardian - UK

Stop press: Sun and Daily Mail owners to combine printing operations

Move by Rupert Murdoch’s News UK and Lord Rothermere’s DMGT could result in closure of two printing sites

The Guardian - UK

The Mail and the Telegraph owned by the same man? It would be a disaster for the UK’s free press

I like Lord Rothermere, but a media landscape dominated by a few powerful figures is a grave threat to our democracy, says the Conservative MP David Davis

The Guardian - UK

Daily Mail owner looks to Middle Eastern backers over Telegraph bid

Lord Rothermere is second potential suitor to turn to oil-rich region for financial support

The Guardian - UK

Telegraph sale: who might win a fight for the voice of Tory England?

With a sell-off looming for the newspapers, several tycoons and groups look to have the money, and the motivation, to take over

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