The British Secretary of Culture, Lisa Nandy, has approved the acquisition of the Telegraph by Axel Springer, but the transaction awaits approvals in Ireland and Austria.

Axel Springer has received approval from British Culture Secretary Lisa Nandy for the acquisition of the Telegraph media group in the UK, an important step in the change of ownership of the newspaper. Nandy stated that, based on the available evidence, she does not intend to intervene in this merger. Axel Springer considered this approval a significant milestone in finalizing the transaction, which still requires regulatory approvals in Ireland and Austria, with completion expected in the second quarter of this year. CEO Mathias Döpfner expressed satisfaction with the British government's approval, emphasizing the intention to invest in editorial excellence and the international growth of the Telegraph. It was also mentioned that Axel Springer was not the only media company interested in acquiring the Telegraph, with Daily Mail & General Trust proposing a takeover of £500 million.