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Proposed sale of the Telegraph to Axel Springer update

14 April 2026

Proposing MP
Wigan
Type
Written Ministerial Statement
Department
Department for Culture, Media and Sport

At a Glance

Issue Summary

The statement addresses the proposed sale of the Telegr [6D [K Telegraph Media Group Holdings Limited to Axel Springer SE.

Action Requested

The minister has provided written consent for RB Inv [3D [K Investco Ltd to sell its call option under the 2024 Order and assessed the [K merger without intervening based on current evidence, providing greater cer [3D [K certainty to the Telegraph and its staff.

Key Facts

  • RB Investco Ltd intends to sell its call option to purcha [6D [K purchase the Telegraph Media Group Holdings Limited to Axel Springer SE.
  • [6D [K SE.
  • The minister gave written consent under the Public Interest Merger R [1D [K Reference (Telegraph Media Group Limited) (Pre-emptive Action) Order 2024 f [1D [K for the sale.
  • The merger is assessed under the public interest media mer [3D [K mergers regime and foreign state influence regime without current intervent [9D [K intervention.
Assessment & feedback
Summary accuracy