M/04/038 – Press Acquisitions / Telegraph Group

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m_04_038_p1d_0

Transaction details

proposal whereby Press Acquisitions Limited (“Press Acquisitions”) would acquire the entire issued share capital of Telegraph Group Limited (“Telegraph Group”).

Notification date Decision date
Tuesday June 29, 2004 Monday, July 19, 2004
Parties Involved Business activities
Press Acquisitions

Press Acquisitions is a newly incorporated company that has been established for the purpose of making this acquisition. It is ultimately controlled by Sir David Barclay and Sir Frederick Barclay. They control a number of companies, one of which, The Scotsman Publications Limited, publishes The Scotsman, Scotland on Sunday and Edinburgh Evening News. Another of their companies, The Business Publishing Limited, publishes the weekly business newspaper, The Business.

Telegraph Group

Telegraph Group publishes a number of UK titles including The Daily Telegraph, The Sunday Telegraph, The Weekly Telegraph and The Spectator and Apollo magazines.

Economic sector Media merger
Newspaper Yes
Submissions from third parties due by:
Phase 1 Phase 2
Current status: Completed
Preliminary investigation (Phase 1)
Authorised Officer Assigned Contact Details
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Media enquiries: MKC Communications: 01 7038600

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