Politico owner Axel Springer to acquire UK Telegraph for £575m, deal awaits regulatory approval

Politico owner Axel Springer to acquire UK Telegraph for £575m, deal awaits regulatory approval

FILE – The front page of the Daily Telegraph with French President Emanuel Macron in a supermarket in London on March 21, 2024. (AP Photo/Kin Cheung, File) German media group Axel Springer announced on Friday that it will acquire Telegraph Media Group for 575 million pounds, and the proposed transaction is subject to approval by … Read more