For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails Email * SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our Privacy notice

German media firm Axel Springer has agreed to buy the Telegraph Media Group (TMG) for Β£575 million, scuppering efforts by the owner of the Daily Mail to snap up its UK newspaper rival.

It is the latest major twist in a roughly three-year ownership tussle for the politically influential newspaper group.

Daily Mai

πŸ“°

Continue Reading on The Independent

This preview shows approximately 15% of the article. Read the full story on the publisher's website to support quality journalism.

Read Full Article β†’