Axel Springer strikes $770 million deal for U.K.’s Daily Telegraph

The German publisher outbid an existing offer from the Daily Mail for the British newspaper

Posted Friday, March 6, 2026 10:13 am

Ben Dummett and Alexandra Bruell | The Wall Street Journal

German publisher Axel Springer struck a deal to buy Britain’s Daily Telegraph newspaper for around $770 million, adding the venerable U.K. title to its stable of media properties.

The deal was a surprise twist in the controversial sale process, with Axel Springer outbidding a rival offer from the Daily Mail and General Trust, owner of the U.K.’s Daily Mail newspaper and the popular Mail Online news site.

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Axel Springer strikes $770 million deal for U.K.’s Daily Telegraph

The German publisher outbid an existing offer from the Daily Mail for the British newspaper

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