German media group axel springer will buy the publisher of uk39s daily telegraph for 766 million.jpg

Politico owner Axel Springer to buy UK’s Telegraph in £575 million deal pending regulatory approval

FILE -The Daily Telegraph newspaper with the front page of French President Emanuel Macron is seen at a supermarket in London, March 21, 2024. (AP Photo/Kin Cheung, File) German media conglomerate Axel Springer announced Friday that it was purchasing the UK’s Telegraph Media Group for £575 million, in a proposed deal subject to approval by…

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