Media "Daily Mail" wants to buy competitor for 500 million pounds
The British tabloid "Daily Mail" is on the verge of buying its rival newspaper "The Telegraph". Observers expect the emergence of a new dominant voice in the right-wing camp.
22.11.2025, 15:33
22.11.2025, 15:34
SDA
The owners of the British tabloid "Daily Mail" are on the verge of a 500 million pound takeover of the British newspaper "The Telegraph". The two owner companies expect the current negotiations to be concluded quickly in order to finalize the deal and submit it to the regulator, the PA news agency wrote.
The deal comes after the previous Conservative government blocked a sale of the 170-year-old newspaper to a financial investor majority-controlled by owners from the United Arab Emirates.
The British owners of the "Daily Mail", who are now interested in a purchase, assume that the deal will be approved by the responsible supervisory authority, as "the rules on the influence of foreign states will be adhered to and neither foreign state investments nor foreign state capital are included in the financing structure".
According to the Financial Times, a merger of the Daily Mail and The Telegraph would reshape the British media landscape and create a new dominant voice in the right-wing political camp - at a time when the right-wing populist Reform UK party has been gaining popularity for months and is leading opinion polls by a wide margin.
Before the deal can go through, the regulatory authority still has to give its approval, also with regard to potentially problematic concentrations of power in the media market.
