Stars are aligned as group’s assets car dealer Cazoo and insurance business RMS promise cash injection
The mystery is why Lord Rothermere, a cut above your regular buyout baron, wishes to take Daily Mail and General Trust private. He and his family already own all the voting shares in DMGT, on top of 30% of the quoted and non-voting “A” shares, so it’s not as if he suffers under the shackles of the corporate governance
police. DMGT has been able to invest – very successfully – for 30 years outside the newspaper business and in directions conventional stock market companies might struggle to explain.
Related: Rothermere readies £810m bid to take Daily Mail owner private