News and Announcements
UK government approves Axel Springer's Telegraph takeover
By Michele Maatouk
Date: Tuesday 14 Apr 2026
(Sharecast News) - Bild owner Axel Springer said on Tuesday that its £575m acquisition of Telegraph Media Group has been approved by the UK Department for Culture, Media and Sport (DCMS).
The decision marks "a significant milestone toward completing the transaction," it said.
The deal remains subject to regulatory approvals in Ireland and Austria.
Chief executive officer Mathias Döpfner said: "We are pleased to have received UK government approval to proceed with this acquisition. After a long period of uncertainty, we can confirm that we will invest significantly in The Telegraph's editorial excellence and international growth."
Axel Springer announced last month that it was buying Telegraph Media Group, having scuppered rival takeover plans by the owner of the Daily Mail. It said the acquisition will strengthen its portfolio of premium journalism brands, which includes Politico, Business Insider, and Welt, among others.
Axel Springer first attempted to buy The Telegraph in 2004, but lost out to the Barclay family. It also bid unsuccessfully for the Financial Times in 2015.
Telegraph Media Group publishes The Daily Telegraph, The Sunday Telegraph and digital platform telegraph.co.uk.
Article Archive
Free Membership To Digital Look
Discover the full range of Investor's Tools and Services from Digital Look - voted 'Best Research & Information Provider 2007' by Investors Chronicle.
En HeaderFooterDLYou are here: research