Daily Mail and General Trust Plc acquires the 'i', the UK national newspaper and website, from JPI Media

  • December 01, 2019 10:00 PM GMT
  • Team Kalkine
  • Daily Mail and General Trust Plc’s (LON: DMGT) Consumer Media business, has acquired the 'i', the UK national newspaper and website, from JPI Media.
  • The acquisition was for a cash consideration of £49.6million and is both strategically and financially compelling for the company.
  • The business will benefit from the company’s long-term approach and commitment to investing in editorial content.
  • The business has a retail sale of around 170,000 newspapers each on weekday and over 190,000 copies of the iweekend each Saturday.

 

   
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