German company registers interest with Goldman Sachs ahead of Telegraph Media Group auction
German media company Axel Springer has officially expressed interest in buying the Telegraph, prompting the prospect of a bidding war for the newspaper group.
The Berlin-based media conglomerate, which was trumped by the Barclay brothers in a bidding battle for the Telegraph and the Spectator magazine in 2004, has notified bankers of its interest in joining the auction of Telegraph Media Group.
