German media giant Axel Springer roars into £600m Telegraph auction coastfm.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from coastfm.co.uk Daily Mail and Mail on Sunday newspapers.
Sir Frederick Barclay, who bought the Telegraph newspapers for £665 million in 2004 with his late twin brother Sir David, has seen the prized media asset slip f
David Montgomery’s National World is lining up Cavendish Capital Markets and Peel Hunt to muster the firepower for a £600m takeover bid, Sky News learns.
Paul Zwillenberg, who stepped down as CEO of the Daily Mail publisher a year ago, is in talks to work with the hedge fund tycoon on an offer for the broadsheet newspapers, Sky News learns.
Sir Paul Marshall, a big investor in GB News, has picked the investment bank Moelis to advise him on a bid for the Daily and Sunday Telegraph newspapers, Sky News learns.