Home » Entertainment  » Books »  It's OK! Hindujas lose bid for Express papers Media reports in London have stated that publisher of celebrity lifestyle magazine OK! has agreed on a deal to buy Express Newspapers of UK for up to 125 million pound in cash.

The magazine publisher Richard Desmond is thought to be keen to add United News and Media's 'Daily Express', 'Sunday Express' and 'Daily Star' to his company, 'Northern and Shell' ahead of a stock market floatation next year.

The Financial Times newspaper said the deal would be a blow to NRI businessmen, Hinduja brothers, who believed they were close to an agreement with United News and Media and were confident they were the preferred bidders with an indicative offer of 100 million pounds to 120 million pounds.