Lord Rothermere now has until 28 October to make offer, as negotiations continue with pension trustees
Lord Rothermere has secured a deadline extension to make an £810m bid to take the parent of the Daily Mail private, as pension trustees negotiate the scale of future funding payments into the company’s schemes.
The Rothermere family, which has a 30% stake in Daily Mail and General Trust (DMGT), had until the end of the day on Thursday to make a “put up or shut up” offer for the business.