
UK Government Approves Axel Springer's Takeover of The Telegraph
The UK government has given its approval for German media giant Axel Springer to proceed with its £575 million acquisition of The Telegraph newspaper. This decision clears a significant hurdle for the proposed takeover.
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Axel Springer’s Telegraph deal waved through by UK government
Culture secretary’s decision not to refer bid to watchdogs means end of three-year sales process is in sight
Read full article →Government gives thumbs up to Telegraph’s £575m German takeover
Politico and Business Insider owner Axel Springer struck the deal to buy the Telegraph Media Group last month.
By Henry Saker-Clark
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