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Proposed sale of the Telegraph to Axel Springer update

14 April 2026

Proposing MP
Lisa Nandy Lab
Wigan
Type
Written Ministerial Statement
Department
Department for Culture, Media and Sport
View on Parliament.uk -->
TAGS
Business & Trade

At a Glance

Issue Summary

The statement addresses the proposed sale of the Telegraph Media Group Holdings Limited to Axel Springer SE.

Action Requested

The minister has provided written consent for RB Investco Ltd to sell its call option under the 2024 Order and assessed the merger without intervening based on current evidence, providing greater certainty to the Telegraph and its staff.

Key Facts

  • RB Investco Ltd intends to sell its call option to purchase the Telegraph Media Group Holdings Limited to Axel Springer SE.
  • The minister gave written consent under the Public Interest Merger Reference (Telegraph Media Group Limited) (Pre-emptive Action) Order 2024 for the sale.
  • The merger is assessed under the public interest media mergers regime and foreign state influence regime without current intervention.
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