The potential contenders for the national news titles include the owners of the Daily Mail, the Mail on Sunday, the Metro and the I paper.
Undated handout photo issued by the Daily Mail and General Trust of their Chairman Lord Rothermere
It has been suggested that, to get around the competition issue, News UK might consider selling The Sun. The only problem is that such a solution would not get around the fact that, crucially, The Times and Telegraph titles compete directly in what used to be described as the broadsheet market.
Other trade buyers could include Axel Springer, owner of Germany's biggest selling newspaper Bild and also of Die Welt, one of the country's biggest 'quality' titles as well as being Europe's biggest magazine publisher. It tried to buy the Telegraph titles in 2004, when it lost out to the Barclays, while more recently it was outbid by the Japanese publisher Nikkei for the Financial Times in 2014.
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