German media giant Axel Springer is to buy Telegraph Media Group in a £575m deal that will see the Daily and Sunday Telegraph print titles and their online business come under overseas ownership.
Pimco, the giant asset management group, is backing a £3bn deal orchestrated by the sports investment vehicle which owns stakes in the women's professional tennis tour and Premiership Rugby.
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The Murdoch family have reached a deal which will see Rupert Murdoch's son Lachlan cement control of the family media empire that includes Fox News and The Wall Street Journal.
The American investors who have agreed to become the new owners of The Daily Telegraph have edged closer to gaining control of the newspaper by formally notifying the government of the deal.
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03-09-2025, 01:11 PM
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