Collins Stewart makes bid for Telegraph

A City stockbroking firm was today circling the Telegraph Group after confirming it has made an offer thought to be worth up to £500m (€714m).

Mon, 15 Dec, 2003 - 12:47

A City stockbroking firm was today circling the Telegraph Group after confirming it has made an offer thought to be worth up to £500m (€714m).

Collins Stewart said it would seek an immediate flotation for the Telegraph publishing group, which includes the Daily Telegraph and Sunday Telegraph broadsheets and the Spectator magazine.

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CourtsBusinessHeathrowPlace: New YorkPlace: LondonPerson: Collins StewartPerson: Richard DesmondOrganisation: Collins StewartOrganisation: TelegraphOrganisation: CityOrganisation: Telegraph GroupOrganisation: Hollinger InternationalOrganisation: StewartOrganisation: Chicago Sun-TimesOrganisation: LazardOrganisation: Daily Mail & General TrustOrganisation: ExpressOrganisation: Competition CommissionOrganisation: Center Parcs UKOrganisation: Alternative Investment MarketOrganisation: AIM
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