Saturday
The Daily Mail
and
General Trust
(
DMGT
) has finalized a £500 million acquisition deal for
The Daily Telegraph
and
The Sunday Telegraph
newspapers from
RedBird IMI
.
The purchase strengthens
DMGT
's position as a major right-leaning media group and awaits approval by
UK
Culture Secretary
Lisa Nandy
.
Gerry Cardinale
, founder of
RedBird
and owner of
AC Milan
, played a central role in the acquisition efforts before
RedBird IMI
withdrew amid
UK
regulation changes limiting foreign state ownership.
#UK
#London
#GerryCardinale
#TheDailyMail
#LisaNandy
#GeneralTrust
#DMGT
#TheDailyTelegraph
#TheSundayTelegraph
#RedBirdIMI
#RedBird
#ACMilan
BBC
,
Newsmax
,
Deadline
,
CNN
.us
14
Earth
USA
Europe
Tags
#LisaNandy
#
GerryCardinale
The Daily Mail
and
General Trust
(
DMGT
) has finalized a £500 million acquisition deal for
The Daily Telegraph
and
The Sunday Telegraph
newspapers from
RedBird IMI
. The purchase strengthens
DMGT
's position as a major...
Sat
#
ShumeetBanerji
Shumeet Banerji
resigned from the
BBC
board due to governance issues, citing exclusion from key discussions following the resignations of
Tim Davie
and
Deborah Turness
and criticizing
Samir Shah
and
Robbie Gibb
for...
Fri
/32h