Daily Mail owner goes private following Rothermere’s triumphant push END OF AN ERA Daily Mail and General Trust (DMGT) has officially delisted and cancelled trading from the London Stock Exchange, following a successful swoop by the Rothermere family.
Victory for Lord Rothermere: End of an era as Daily Mail group exits London Stock Exchange after listing nine decades ago in 1932 The Daily Mail’s biggest shareholder – Lord Rothermere – is heading for victory in his bid to take the Daily Mail group private as the company will be delisted from the London Stock Exchange after almost 90 years. The newspaper tycoon made a “final” offer to investors in Daily Mail & General Trust (DMGT) earlier [...]
Rothermere wins battle to take Daily Mail owner private Hold the front page The Rothermere family won its latest battle to take the publisher of the Daily Mail and Mail on Sunday private after the owners of 57 per cent of the shares backed their recommended offer.
Largest investor of DMGT backs Rothermere takeover bringing it closer to privatisation December 15, 2021 The largest non-family shareholder in the Daily Mail and General Trust, and co-founder of Lindsell Train, Nick Train has backed the offer from the great-grandchildren of the newspaper’s founders, bringing the group closer to privatisation.
Daily Mail agree the largest office letting in West London in a commitment to its ‘talented people’ December 6, 2021 Daily Mail & General Trust (DMGT), the owner of the Daily Mail and Metro newspapers, has agreed a 103,000 sq ft lease to create a new HQ at Barkers Building in Kensington from 2024.
Letter to Daddy: Mail on Sunday loses appeal in privacy battle against Meghan Markle December 2, 2021 The Mail on Sunday Newspaper loses its appeal against Meghan, The Duchess of Sussex.
Paul Dacre is appointed Editor-in-Chief of DMG Media but ‘will not be involved in day-to-day editing’ November 22, 2021 The Chairman of Daily Mail and General Trust (DMGT) Lord Rothermere has announced that Paul Dacre is being appointed Editor-in-Chief of DMG Media. Lord Rothermere said: “I am delighted to appoint Paul Dacre, who has a huge and distinguished history with this company.” “Although he will not be involved in day-to-day editing, he will be [...]
Daily Mail publisher reports revenue drop with job cuts looming November 18, 2021 Daily Mail and General Trust (DMGT), owners of Metro and MailOnline, announced revenue was down one percent to £1.1bn this morning as it continues to feel the impact of the pandemic on events.
Geordie Greig to step down as Daily Mail editor amid leadership reshuffle November 17, 2021 Geordie Greig is leaving his job as editor of Mail Newspapers after ten years in the role. Ted Verity has been appointed as his replacement, a position that will include overall responsibility of the Daily Mail and The Mail on Sunday of which he has been editor for the last three years. It comes a [...]
Rothermere passes final hurdle to taking Daily Mail private November 3, 2021 Daily Mail and General Trust (DMGT) and the Rothermeres have agreed a recommended cash offer worth 255p, along with a special dividend worth 991p a share. The Rothermere family announced in the summer that it was considering an £810m bid to take the group private, giving chairman Lord Rothermere full control of DMGT. This proposal [...]