Press Holdings and May Corporation Limited are two Jersey-registered holding companies owned by the Barclay brothers, which control the UK holding company Press Acquisitions Limited,[1] which in turn owns the Telegraph Media Group, parent company of The Daily Telegraph and The Sunday Telegraph.[2]
In December 2005, Press Holdings sold The Scotsman Publications to the Edinburgh-based Johnston Press for £160m,[3] having paid £82m for the group in 1995.
The company also owns The Spectator, a weekly British political magazine, and Apollo, an art magazine.
References
- ^ DueDil: Press Acquisitions Limited Linked 2013-08-11
- ^ The Guardian, 17 December 2012: Barclay brothers' £1bn VAT windfall bid puts tactics in spotlight Linked 2013-08-11
- ^ Daily Telegraph, 19 December 2005, Johnston Press buys The Scotsman