DMGT acquires the Telegraph newspaper for 500 million pounds

The owner of the tabloid Daily Mail, DMGT, announced the signing of an agreement with the Redbird IMI group for the acquisition of the British newspaper Telegraph, valued at 500 million pounds. This transaction, once completed, could create one of the largest media groups in the United Kingdom. DMGT confirmed the information through an official statement sent to the AFP agency. The acquisition underscores the trends of consolidation in the British media industry, having the potential to influence the media landscape in the country.