March 6, 2026
German media group Axel Springer will buy the publisher of U.K.'s Daily Telegraph for $766 million
German media group Axel Springer has agreed to buy the owner of Britain's Daily Telegraph newspaper for 575 million pounds ($766 million), the companies announced Friday.
TL;DR
- Axel Springer has agreed to buy the owner of the Daily Telegraph.
- The purchase price is 575 million pounds ($766 million).
- The announcement was made on Friday.
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