Overview
- DMGT announced an agreement to buy the Daily Telegraph and Sunday Telegraph for £500 million.
- The companies expect to finalize terms quickly and submit the deal for regulatory review.
- The merger would create one of the most powerful right-leaning media groups in the UK.
- The move follows a government-blocked, foreign‑linked proposal that triggered parliamentary concern over outside influence.
- DMGT says its financing excludes foreign state capital, after debate over previous bids involving overseas backers.