Politico owner Axel Springer joins rival Telegraph bid led by Dovid Efune

2026-02-20 - 16:43

Sale to Lord Rothermere, Daily Mail owner, referred to regulators on media plurality and competition grounds Media company Axel Springer, the owner of Politico and Business Insider, has joined a rival bid for the Telegraph, as a proposed £500m sale to the owner of the Daily Mail enters months of scrutiny from regulators. Axel Springer, which also owns Europe’s largest-circulation newspaper, Bild, has joined a consortium headed by Dovid Efune, the British owner of the New York Sun who has been pursuing the Telegraph titles for well over a year. Continue reading...