Press Holdings

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Press Holdings and May Corporation Limited are two Jersey registered holding companies owned by the Barclay brothers, which controls the UK holding company Press Acquisitions Limited,[1] which in turn owns The Telegraph Media Group, parent company of the Daily Telegraph and 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, the weekly British political magazine which is part of the Telegraph group.

References

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  1. DueDil: Press Acquisitions Limited Linked 2013-08-11
  2. The Guardian, 17 December 2012: Barclay brothers' £1bn VAT windfall bid puts tactics in spotlight Linked 2013-08-11
  3. Daily Telegraph, 19 December 2005, Johnston Press buys The Scotsman