Nov 11, 2018

Daily Mail-owner DMGT 'looking to buy i newspaper'

Daily Mail-owner DMGT is reportedly considering making an offer to buy the i newspaper from Johnston Press. Johnston Press, which bought the i from the Independent for £24m in 2016, has not commented on the developments, first reported by Sky. It is seen as the jewel in the crown of Johnston Press's stable of 200 regional papers, which covers locations from Scotland and Northern Ireland to the south of England. Johnston Press was founded in Falkirk in 1767, and listed on the London Stock Exchange in 1988, growing through acquisitions. In its latest results, Johnston Press reported a 10% fall in revenues during the first half of 2018.

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