Axel Springer who own media brands BILD, Business Insider, Morning Brew, Politico, and Welt has completed the acquisition of the Telegraph Media Group (TMG) publisher of The Daily Telegraph and The Sunday Telegraph in the UK.
Editor-in-Chief of THE TELEGRAPH, Chris Evans, says: “These are exciting times for The telegraph. Axel Springer and we have much in common. We share the same values. We also share the same vision and the same ambition. We believe there are many opportunities to grow The Telegraph, both in the UK and overseas. After three, difficult years without owners, we look forward to stoking up the engines and setting forth on a new voyage.”