Axel Springer has completed its £575 million takeover of Telegraph Media Group (TMG), publishers of the 172-year-old Daily Telegraph and related titles. The deal ends a period of uncertainty over TMG’s ownership that lasted about three years, according to reports. Deadline and The Guardian say the acquisition closes after receiving regulatory approval in multiple jurisdictions. Specifically, the companies report that Axel Springer secured approval in the UK, Ireland and Austria before taking full control. The Guardian also notes that the bid followed a late, high-profile process in which Axel Springer entered as an alternative to the previous owner of the Daily Mail, after tabling an offer late in the negotiations. The Telegraph outlet similarly reports the completion is expected and tied to the acquisition process. Overall coverage frames the transaction as the final step in Axel Springer’s entry into full ownership of the Telegraph’s media group, with the prior uncertainty resolved once approvals are granted and the acquisition is officially concluded.