Offer is for 64% of DMGT, which also publishes the i and Metro, that Rothermeres do not already own
The Rothermere family has made an offer to take the publisher of the Daily Mail, i and Metro private in a £3.1bn deal, in a move that will end a 90-year run as a publicly listed company on the
London Stock Exchange.
The family, which founded the Daily Mail in 1896 and listed parent company Daily Mail and General Trust in 1932, has tabled a 255p per share offer valuing the newspaper business at £850m including debt.