British newspaper publisher Trinity Mirror could bid for the 'Daily Express' and 'Daily Star' titles after it said yesterday that it is examining certain assets owned by Richard Desmond's Northern & Shell group.
The owner of the 'Daily Mirror' and 'Sunday Mirror' titles, which has overhauled its finances in recent years to stand virtually debt-free, said it is at an early stage of evaluating its options and there is no certainty an agreement will be reached.
Trinity, which also owns the 'Daily Record', the 'People' and regional titles such as the 'Liverpool Echo' and 'Manchester Evening News', this month reported full-year results showing that tight cost controls and growing digital sales would enable it to pay its first dividend since 2008.
The mid-market 'Daily Express' was first published 115 years ago and for a long time outsold its fierce rival, the 'Daily Mail', selling about 4m copies a day in the 1940s.
In recent years it has failed to keep up and has cut staff and its budget to counter falling sales.