Rothermere’s DMGT secures funding for Telegraph takeover
Daily Mail owner to submit deal for approval as rival suitor Dovid Efune gets new backing from Baltimore Sun’s David Smith
Daily Mail owner to submit deal for approval as rival suitor Dovid Efune gets new backing from Baltimore Sun’s David Smith

Tie-up would create one of the most powerful right-leaning media groups in Britain

German media group scuppers proposed acquisition of UK newspaper company by Daily Mail owner

New York Sun owner makes £500mn offer to rival DMGT’s agreed bid

DMGT has now entered exclusive talks to purchase the historic broadsheet

Surge in foreign acquisition values reflects quality of assets, but at discount valuations

But it relies on a host of rosy assumptions going in investors’ favour