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Germany’s Axel Springer Agrees $766 Million Deal to Acquire Telegraph Media Group
BusinessReutersBBCNYT+23wsjle-mondeThe GuardiannzztagesschaufazberlingskeDW+15 more1mo ago26 sources

Germany’s Axel Springer Agrees $766 Million Deal to Acquire Telegraph Media Group

Germany’s Axel Springer has reached an agreement with RedBird IMI to acquire Telegraph Media Group for £575 million ($766.6 million). The German-based media company said the acquisition would preserve the Telegraph’s legacy while providing a platform for growth and international expansion. The companies said they look forward to discussing the transaction with the Department for […]