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Business Phone: 44 (0) 1534 870670. Jonathan Harmsworth, better known as Lord Rothermere, is the chairman of Daily Mail and General Trust (DMGT), which owns newspapers including the Daily Mail, the Mail on Sunday and Metro. Rothermere's higher Daily Mail & General Trust PLC offer still fails to Market Tracker Trend Report: Trends in Public M&A in Q3 2021, CD&R set to check out with Morrisons whilst Fortress remains in the aisle, Place your bids: Private equity fight for Morrisons to be settled this Saturday, DraftKings goes all in on Entain in 16.4bn bid as foreign bidders sweep the UK gambling sector, Market Tracker weekly highlights3 March 2023, Paragon Banking Group plc sees significant no vote against remuneration, Tolley Global Mobility Worldwide: Employment Taxes, Tolley Global Mobility EU: Employment Taxes, Tolley Tax for the Globally Mobile Individual, Daily Mails controlling shareholder indicates possible bid, Pension issues on a takeoverTakeover Code requirements, International Sales(Includes Middle East). . the Ordinary Shares referred to in Item 3 as a result of the Special Dividend and hold the Ordinary Shares for investment purposes. The Right Honourable Jonathan Harold Esmond Vere Viscount Daily Mail and General Trust PLC ( LON:DMGT ) is set to be taken private again by its owner Rothermere Continuation if two other bits of corporate reshuffling go ahead. DMGT is 100% owned by Rothermere Continuation Limited (RCL) RCL has always owned the majority of DMGT's voting shares and, following a successful offer by RCL for all of the shares it did not already own, DMGT delisted from the London Stock Exchange in January 2022. in Row (11), Type of Reporting Person (See Instructions). Astonishing tale of corporate hubris, or a simple matter of This post is by Guy Shrubsole. A former DMGT staff member told the BBC Lord Rothermere is known to dislike stories which bring his papers into disrepute. Always cite the International Consortium of Investigative Journalists when using this data. Rothermere Continuation Limited (RCL) offers to acquire all of the DMGT shares that it does not already own. View our Privacy PolicyandTerms & Conditions, TheLondonEconomic.com Open, accessible and accountable news, sport, culture and lifestyle. The Rothermere family has made an offer to take the publisher of the Daily Mail, i and Metro private in a 3.1bn deal, in a move that will end a 90-year run as a publicly listed company on the London Stock Exchange. MailOnline, launched in 2003, has grown to be one of the worlds most popular English language news sites. DMGT acquires the i, a quality, concise UK national newspaper and website. News of the firm approach saw DMGT shares close at 11.22, a 3% increase to the 10.90 that shares closed at on 2 November 2021.