The regional title owner told shareholders it would evaluate 'opportunities to grow the business and will consider participating in a sale process for Telegraph Media Group as and when such a process formally commences'.
The owner of regional newspapers the Yorkshire Post and Scotsman have indicated it could be interested in buying the Daily Telegraph and Sunday Telegraph, should they be put up for sale.
In a statement to shareholders on Thursday, National World said:"National World notes media speculation that it is a possible participant in the sale process surrounding Telegraph Media Group and its associated titles.
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