Combining the titles would give Lord Rothermere’s DMGT a huge stake in UK’s newspaper market

Lord Rothermere has won his battle to remove the family business from the glare of public markets after 90 years. The slimmed-down portfolio he is about to take private marks a return for the publisher of the Daily Mail to its newspaper roots, but it also raises the prospect of whether, in a quest for scale, a future tie-up with the Telegraph could be on the cards.

For much of this century Daily Mail & General Trust, which includes Metro and i alongside the Mail titles, embarked on a highly successful strategy to diversify away from a dependence on its publishing operation as the shift to digital began to hit the newspaper industry.

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