The years-long saga over the Daily Telegraph’s ownership is poised to reach a conclusion, after the government announced it had approved Axel Springer’s offer for the broadsheet newspaper.
The German publishing giant, which owns POLITICO, Business Insider and the Bild tabloid, said on Tuesday that Britain’s Department for Culture, Media and Sport had given it the green light to press ahead with its £575m deal to buy the Telegraph Media Group.
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