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PRESS: Daily Mail Parent Planning To Bid For i Newspaper

LONDON (Alliance News) - Daily Mail & General Trust PLC, the publisher of the Daily Mail ...

Alliance News 12 November, 2018 | 7:00AM
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LONDON (Alliance News) - Daily Mail & General Trust PLC, the publisher of the Daily Mail newspaper, is planning to make an offer for the i newspaper, Sky News reported on Saturday.

The i newspaper is owned by Scottish media company Johnston Press PLC, which is currently struggling to raise cash.

According to Sky, Daily Mail's proposed bid is at an early stage, but is expected to be lodged ahead of a deadline in the coming weeks set by Johnston Press's advisers.

https://news.sky.com/story/daily-mail-owner-plots-i-bid-in-johnston-press-break-up-11550076

By Tapan Panchal; tapanpanchal@alliancenews.com

Copyright 2018 Alliance News Limited. All Rights Reserved.

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Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
Daily Mail and General Trust PLC Class A 829.00 GBX -0.60 -
Johnston Press PLC

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