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German media group Axel Springer to buy UK’s Daily Telegraph
LONDON: German media group Axel Springer said Friday it would buy Britain’s conservative Daily Telegraph newspaper, vowing to “preserve the integrity of a heritage media brand” while giving it a platform for growth and expansion. The German group, which owns the mass-market tabloid Bild, the Welt broadsheet as well as the Politico news outlet, said it would pay 575 million pounds ($766 million) for the title.
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faz.net
Axel-Springer-Verlag erwirbt britische Zeitung „Daily Telegraph“
Der Axel-Springer-Verlag erwirbt die britische Zeitung „Daily Telegraph“, eine der ältesten Zeitungen Großbritanniens. Mathias Döpfner träumt vom internationalen Einfluss.
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ft.com
Axel Springer buys Telegraph in £575mn deal
German media group scuppers proposed acquisition of UK newspaper company by Daily Mail owner
