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.

German media group Axel Springer will buy the publisher of U.K.'s Daily Telegraph for $766 million

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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