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2026: Axel Springer media holding bought Britain's biggest newspaper, The Telegraph, for $766m
One of the largest European media holdings Axel Springer bought the British newspaper Telegraph Media Group for £575 million ($766 million). The deal brought together two of Europe's most powerful conservative media brands. This was announced in March 2026 by Axel Springer CEO Matthias Döpfner. He added that the plans are to turn the Telegraph into the leading center-right media outlet in the English-speaking world. The agreement was concluded with a joint venture of RedBird Capital Partners and a fund from - UAE RedBird IMI.[1]

