The Business Times

The Observer

Telcos, Media & Tech

Guardian owner to sell Observer to Tortoise for £25 million investment

Under the terms of the deal, the Scott Trust will become a key shareholder in Tortoise Media

First published in 1791, the centre-left Observer is one of Britain’s best-known newspapers and once carried the journalism of George Orwell. It became a sister title to the daily Guardian newspaper in 1993 after its acquisition by GMG.
International

Britain's Guardian in talks to sell Observer newspaper to Tortoise Media

Britain’s Guardian Media Group (GMG) is in exclusive talks to sell The Observer, the world’s oldest Sunday newspaper, to startup Tortoise Media, the companies said on Tuesday (Sep 17).

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