M/04/038 – Press Acquisitions / Telegraph Group
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 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 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|
|Submissions from third parties due by:|
|Phase 1||Phase 2|
|Current status: Completed|
|Preliminary investigation (Phase 1)|
|Authorised Officer Assigned||Contact Details|
Media enquiries: MKC Communications: 01 7038600