Axel Springer to buy Telegraph for £575m, elbowing aside Daily Mail owner
The Guardian World
by Mark SweneyMarch 6, 2026
German owner of Bild and Die Welt is understood to have agreed all-cash deal for one of UK’s oldest newspapers
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Axel Springer, the owner of Politico and Business Insider, is to acquire the Telegraph after tabling a £575m deal that has scuppered a rival deal from the owner of the Daily Mail.
Springer, which also owns Europe’s biggest newspaper, Bild, and the daily Die Welt, is understood to have agreed an all-cash deal for the Daily and Sunday Telegraph.
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Originally published on The Guardian World on 3/6/2026