Dale Vince, a green energy tycoon and Labour party donor, shows interest in purchasing The Observer from Guardian Media Group if the deal with Tortoise Media falls through.
Dale Vince , a green energy tycoon and Labour party donor, has expressed interest in purchasing The Observer from Guardian Media Group if the deal with Tortoise falls through. Vince, with a fortune of over £100mn, aims to hold the title in a trust. GMG has not received any substantive bids other than from Tortoise Media , which plans to invest £25mn over five years. The Scott Trust, which owns the Guardian and The Observer , has postponed a key meeting to further scrutinize the deal.
Guardian staff are set to strike on Wednesday
Dale Vince The Observer Guardian Media Group Tortoise Media Labour Party
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Dale Vince expresses interest in acquiring The ObserverGreen energy tycoon to look at buying Sunday newspaper and holding it in a trust if agreed sale to Tortoise falls through
Read more »
Your support needed more than ever for Stirling Observer 2024 Give a Gift AppealSupport has started to roll in for the 16th annual Stirling Observer Give A Gift Appeal.
Read more »
Guardian chief pledges decision on controversial Observer deal by ChristmasThe Scott Trust will retain 'a small stake' in the world's oldest Sunday newspaper if its sale to Tortoise Media takes place, Anna Bateson has told staff in an email seen by Sky News.
Read more »
Difficult years make Observer Give a Gift appeal more important than everThe appeal is getting into its strike as the countdown to Christmas begins.
Read more »
Guardian Faces Criticism Over Observer Sale and Financial LossesGuardian Media Group is under fire for a potential 'sweetheart deal' to sell the Observer to Tortoise Media, amidst ongoing financial losses and staff dissatisfaction leading to threatened strikes.
Read more »
Observer staff set to strike over planned Tortoise saleMore than nine in 10 UK-based union members at Guardian Media Group back the case for industrial action
Read more »