Politico Owner Axel Springer Joins Rival Telegraph Bid Led by Dovid Efune

Politico owner Axel Springer joins rival Telegraph bid led by Dovid Efune

Sale to Lord Rothermere, Daily Mail owner, referred to regulators on media plurality and competition groundsMedia company Axel Springer, the owner of Politico and Business Insider, has joined a rival bid for the Telegraph, as a proposed £500m sale to the owner of the Daily Mail enters months of scrutiny from regulators.Axel Springer, which also owns Europe’s largest-circulation newspaper, Bild, has joined a consortium headed by Dovid Efune, the …

French owner of Irish lottery operator to seek ‘synergies’

The French operator of the Irish lottery, FDJ United, intends to seek more synergies in its business here, the company announced yesterday without specifying what that might entail.