The Guardian | Revealed: Axel Springer skipped due diligence before £575m Telegraph takeover by Mark Sweney

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Axel Springer sealed a £575 million takeover of the Telegraph Media Group without the usual due‑diligence checks, a move that could make it hard to recover the price as the titles move from a print‑heavy model toward cheaper, heavily discounted digital subscriptions. The Telegraph still depends on print, with print sales, subscriptions and advertising accounting for 61 % of its £255.3 million 2024 revenue, but all three streams fell between 2023 and 2024 and high‑value print subscribers are rapidly disappearing. Digital subscribers rose 5 % to 1.09 million (78 % of which are digital) and digital revenue grew 18 % to £81 million, yet a large share of the subscriber base is low‑value or free‑trial users, and aggressive discounting has suppressed average subscription prices. Despite the market challenges, adjusted profits held at £60.7 million and total revenue edged up 1.2 % to £279 million, while Axel Springer’s CEO Mathias Döpfner, who has long coveted a flagship UK media asset, views the purchase as a long‑term, “digital‑first” investment.

Read more: https://www.theguardian.com/media/2026/apr/24/axel-springer-skipped-due-diligence-telegraph-takeover

#AxelSpringer #Telegraph #MathiasDöpfner #RedBirdIMI #FinancialTimes #BusinessInsider #business #media #mergersandacquisitions #nationalnewspapers #newspapers #newspapers&magazines #telegraphmediagroup

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Banx in the #FT #FinancialTimes

#Starmer #Mandelson #ukpol

📰#FinancialTimes: 🇩🇪#Germania urmează să își asume „o mai mare răspundere” în privința apărării 🌍#Europei. #Berlinul publică prima strategie de apărare de după ⚔️#AlDoileaRăzboiMondial.

🔗 https://wp.me/p9KpFA-5eB9

#Știri #Berlin #UE #UniuneaEuropeană

Administrația #Trump pare a încerca să înlocuiască 🇮🇷#Iranul cu 🇮🇹#Italia la turneul final al Cupei Mondiale de fotbal,care are loc în această vară,în 🇺🇸#SUA,🇨🇦#Canada & 🇲🇽#Mexic.Emisarul lui #Trump a prezentat inițiativa ca fiind una personală.Dar 📰#FinancialTimes consideră că e un mod în care #Trump încearcă să se împace cu #Meloni,după ce tot el l-a criticat pe Papa,gest considerat “inacceptabil” de 🇮🇹#Italia.

🔗 https://biziday.ro/?p=355555

#Știri #Meloni #Sport #Fotbal #CupaMondială

📰#FinancialTimes: 🇫🇷#Franța și 🇩🇪#Germania se opun aderării accelerate a Ucrainei la 🇪🇺#UE.

🔗 https://stirileprotv.ro/stiri/international/financial-times-franta-si-germania-se-opun-aderarii-accelerate-a-ucrainei-la-ue.html

#Știri #România #Ucraina #UniuneaEuropeană

The New Republic | Does the SEC Care Whether Hegseth Is Killing Iranians To Get Rich? by Timothy Noah

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Timothy Noah (April 20 2026) reports that a Financial Times investigation – based on three anonymous sources at BlackRock – alleges Defense Secretary Pete Hegseth tried to use privileged information about an imminent Iran war to profit by buying a multibillion‑dollar “Defense Industrials Active” ETF, an investment prohibited to a sitting secretary of defense because it holds shares of companies such as Lockheed Martin and Boeing. BlackRock rejected the request on technical grounds, and a Pentagon spokesperson called the story “entirely false.” Noah notes that Senator Elizabeth Warren has formally asked the SEC to probe the matter, citing the law against even attempted securities fraud, and that House Oversight members have urged Hegseth to preserve all financial records. The piece also outlines Hegseth’s strained personal finances – a $19,000‑per‑month mortgage on a $3.4 million estate, modest net‑worth, costly divorces, and past allegations of financial mismanagement – which could explain a desperate move toward insider trading. Noah concludes that the alleged paper trail at BlackRock should be easy to locate, and calls for a thorough investigation to determine whether Hegseth’s actions constitute illegal insider activity.

Read more: https://newrepublic.com/article/209247/warren-hegseth-iran-insider-trading

#PeteHegseth #ElizabethWarren #PaulAtkins #BlackRock #MorganStanley #LockheedMartin #Boeing #RTX #FinancialTimes #SEC #DonaldTrump #economy #insidertrading #IranWar #politics #securitiesandexchangecommission #theinsecuritycomplex

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Sven better not forget his lesson: if daddy does fentanyl bumps and hits you, it's YOUR fault, here's your chance to fix him. #BrooklynHottakes

#EUpol #ThisIsntEvenAngloGaze #ThisIsStraightUpDARVOBullshit #journalism #FinancialTimes #EU #US #GetReadyForPacificaismBuddy #Europe #europol

📰#FinancialTimes: Donald #Trump se folosește de relațiile personale și de oameni fără experiență diplomatică pentru a obține ample acorduri cu companii internaționale. Un exemplu este Paolo Zampolli, fost agent de modeling și apropiat al președintelui, care susține că facilitează înțelegeri de zeci de miliarde 💵#USD, rolul său ridicând întrebări privind amestecul dintre politică și afaceri.

🔗 https://biziday.ro/?p=354921

#Știri #SUA

📰#FinancialTimes: 🇮🇷#Iranul a folosit un satelit spion chinezesc pentru a localiza bazele militare 🇺🇸#SUA din 🌍#OrientulMijlociu.

🔗 https://stirileprotv.ro/stiri/international/financial-times-iranul-a-folosit-un-satelit-spion-al-chinei-pentru-a-localiza-bazele-militare-sua-din-orientul-mijlociu.html

#Știri #România #China