Trinity Mirror could buy Daily Express and Daily Star in multi-million pound deal

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The Daily Express, Sunday Express and Daily Star newspapers could be sold to the owner of the Daily Mirror in a multi-million pound deal.

Trinity Mirror said today it was in talks to buy the publishing assets of Northern & Shell, which also owns celebrity magazines such as OK!

Northern & Shell is owned by media tycoon Richard Desmond, who bought the Express titles in 2000 for £125 million.

He has tried to offload the titles before, but talks failed on concern about the company pension obligations.

Three years ago Desmond sold Channel 5 to America’s Viacom for £465 million.

Analysts say a deal could herald cost savings and a shared cut of a larger advertising pool.


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