Rothermere to Buy Telegraph for £500M

Lord Rothermere, owner of The Daily Mail, is in talks to buy The Telegraph for £500m, aiming to boost its international reach. This move follows the collapse of a previous bid by RedBird IMI, involving the UAE. DMGT assures compliance with regulations, but the acquisition may raise concerns about media diversity and potential calls for Lord Rothermere to sell off other titles.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.