European media group Axel Springer has finalized its £575 million acquisition of The Telegraph, concluding three years of ownership uncertainty. The German company secured all necessary regulatory approvals in the UK, Ireland, and Austria to take full control of Telegraph Media Group.
European media group Axel Springer has finalized its £575 million acquisition of The Telegraph, concluding three years of ownership uncertainty. The German company secured all necessary regulatory approvals in the UK, Ireland, and Austria to take full control of Telegraph Media Group.