Axel Springer Buys Telegraph for £575m
German media giant Axel Springer has finalised a £575 million deal to purchase the Telegraph Media Group, overturning a previous agreement by Daily Mail and General Trust.
Category : Acquisitions
Axel Springer Buys The Telegraph for £575m, Beats Daily Mail
German media giant Axel Springer has agreed to purchase The Daily Telegraph for £575m in an all-cash deal, surpassing a rival bid from the Daily Mail owner and ending a three-year sale process marked by failed negotiations.
Telegraph Media Group Sold to Axel Springer
The Telegraph Media Group has been acquired by German publisher Axel Springer in a significant media transaction, reshaping the UK newspaper landscape.
Various Eateries Buys Pubs for £11.25m, Changes Name
Restaurant group Various Eateries, operator of Coppa Club and Noci, has agreed to purchase four pubs for £11.25 million and will change its name to the Coppa Collective.
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Kyle Sandilands' $100M Legal Fight Reveals Fortune
Radio star Kyle Sandilands faces a $100 million contract dispute with ARN, revealing his immense wealth from investments and property.
Musk Defends Tweets in Twitter Stock Manipulation Lawsuit
Elon Musk testified in a San Francisco class-action lawsuit alleging his tweets caused Twitter stock to fall before his $44 billion acquisition, with claims about bot numbers central to the case.
MrBeast Fires Editor Over Kalshi Insider Trading Claims
A MrBeast video editor has been dismissed following accusations of insider trading on the Kalshi prediction market platform, sparking debate over regulation.
Susie Ma Joins Dragons' Den as Guest Dragon with Record Deal
Susie Ma, founder of vegan skincare brand Tropic, appears as a guest dragon on BBC's Dragons' Den, offering the biggest deal in the show's 20-year history.
Judge Denies Emergency Shutdown of Kelce-Mahomes Steakhouse
A federal judge has refused to grant an emergency order to close 1587 Prime, the Kansas City steakhouse owned by NFL stars Travis Kelce and Patrick Mahomes, amid a trademark dispute with a Boston sneaker company.
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BrewDog Founder Hints at Hope for Investors After Sell-Off
James Watt suggests Equity Punk story may not be over despite £75m investor losses and 500 job cuts following BrewDog's sale to Tilray for fraction of previous valuation.
Emma Walmsley's Pay Hits £15.6m in Final GSK Year
GSK awarded former CEO Emma Walmsley a near-50% pay rise to £15.6m in 2025, driven by share bonuses amid strong company performance and turnover growth.
BrewDog Founder Admits Mistakes After Sale and Job Losses
BrewDog founder James Watt expresses heartbreak as Tilray Brands' £33m acquisition results in 38 bar closures and 484 redundancies, leaving investors empty-handed.
Paramount Skydance's $110bn Warner Bros Deal Faces Hurdles
The $110bn merger between Paramount Skydance and Warner Bros Discovery faces scrutiny from US, EU, and UK regulators, with potential legal challenges and antitrust concerns.
ITV Sky Deal Talks Continue as Profits Dip 5%
ITV confirms discussions with Sky over a potential £1.6 billion acquisition continue despite reporting a 5% drop in annual profits to £448 million, with revenues holding steady at £4.1 billion.
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ITV in Sky TV Deal Talks as Profits Slip
ITV remains in discussions with Sky over a potential £1.6 billion broadcasting sale, despite reporting a 5% dip in annual profits to £448 million. The UK TV giant highlighted strong digital growth from ITVX.
BrewDog's James Watt Faces Backlash Over Sale and Lost Funds
James Watt, BrewDog co-founder, apologises to 200,000 'equity punks' after a £33m sale leaves them empty-handed, sparking outrage among small investors and job losses.
BrewDog Equity Punks Lose Investments in £33m Cannabis Deal
Thousands of small investors who funded BrewDog's growth through Equity for Punks face total losses as the craft beer giant sells to Tilray, with only discount cards as consolation.
BrewDog Founder Regrets as US Buyout Costs 484 Jobs
BrewDog founder James Watt admits to 'many mistakes' after the craft brewer's £33m sale to US firm Tilray Brands results in 38 bar closures and 484 job losses, with crowdfunding investors receiving no returns.
BrewDog Founder Heartbroken Over Job Losses and Investor Returns
James Watt, founder of BrewDog, shares profound regret for employees who lost jobs and investors left empty-handed following the company's acquisition by Tilray Brands.
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BrewDog Founder Heartbroken Over Job and Investor Losses
James Watt, co-founder of BrewDog, shares deep regret after the company's acquisition by Tilray Brands led to 484 job losses and left crowdfunding investors empty-handed.
BrewDog's £33M Sale: 500 Jobs Lost, Investors Devastated
BrewDog's co-founder James Watt expresses heartbreak as the once £2bn-valued brewery sells for just £33M, closing 38 UK bars and leaving 484 staff unemployed. Equity punks' investments are now worthless.
Musk in Court Over Twitter Stock Manipulation Allegations
Elon Musk will testify in a San Francisco shareholder trial accusing him of making false statements to drive down Twitter's stock price before his $44 billion acquisition in 2022.
Banijay and All3Media Merge to Form £3.8bn TV Giant
Banijay Group merges with All3Media, creating a €4.4bn global TV production powerhouse with hits like The Traitors and MasterChef, led by new CEO Marco Bassetti.
BrewDog Closes 38 Bars, 484 Jobs Lost in Tilray Deal
Tilray Brands acquires BrewDog in a £33 million deal, preserving 733 jobs but closing 38 bars and cutting 484 positions, sparking union and political outrage.
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BrewDog Sold to Tilray, 484 Jobs Lost in £33m Deal
BrewDog has been sold to US firm Tilray Brands for £33 million, resulting in 484 redundancies and the closure of 38 UK bars. Administrators confirmed no bid preserved the entire business.
BrewDog Closes 38 Bars, 484 Jobs Lost in US Takeover Deal
BrewDog will shut 38 bars, resulting in 484 job losses, despite a £33 million rescue deal by US firm Tilray Brands, which preserves 733 other UK positions.
BrewDog Closes 38 Bars, Cuts 484 Jobs After US Takeover
BrewDog announces the closure of 38 bars and 484 job losses despite a £33 million rescue deal by US firm Tilray Brands, which will preserve 733 UK jobs.
Tilray Buys BrewDog UK Assets, 38 Bars Close, 500 Jobs Lost
US cannabis and drinks giant Tilray purchases BrewDog's UK and Irish assets for £33 million, preserving 733 jobs but closing 38 bars and costing 484 positions. Over 200,000 crowdfunders receive nothing in the deal.
Tilray Buys BrewDog in £33 Million Craft Beer Deal
US cannabis and brewing group Tilray Brands has purchased troubled craft beer brand BrewDog for £33 million, acquiring its global brand, UK brewing operations, and 11 pubs across the UK and Ireland.
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BrewDog Bars Close Globally as Sale Nears, Tilray Deal Imminent
Craft beer giant BrewDog temporarily shut all 72 bars worldwide on Monday to facilitate an imminent sale, with US brewer Tilray Brands nearing a deal for parts of the business.
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