Bloomberg L.P.

UK Tells Telegraph Buyer RedBird It Faces Possible Second Probe

The UK government is considering a fresh investigation into the acquisition of the Telegraph newspaper, a move which could effectively reset the ongoing probe that was set to present its findings on ...
Yahoo

UK to ban foreign states from owning newspapers in blow to Jeff Zucker’s bid for Telegraph

Britain’s government outlined plans on Wednesday to stop foreign states from owning newspapers, potentially giving ministers the power to block Abu Dhabi-backed Redbird IMI’s bid to buy the Telegraph.
CNN

Private equity firm buys The Telegraph, ending two-year sale saga

RedBird Capital Partners announced on Friday that it has purchased Telegraph Media Group for £500 million (nearly $675 million), concluding a protracted bid to acquire the news company. The deal makes ...
Bloomberg L.P.

UK Eyes 15% Foreign State Cap on Newspapers Amid Telegraph Sale

The UK plans to allow foreign states to own up to 15% of key British newspapers, according to a person familiar with the matter, a move that could clear the path for a sale of the Telegraph. The ...
Bloomberg L.P.

RedBird Pulls £500 Million Bid for UK’s Telegraph Newspaper

RedBird Capital Partners has withdrawn its £500 million ($658 million) bid to buy the Telegraph Media Group amid a backlash from the UK newspaper publisher’s own staff. The US private equity firm will ...
CNN

The Telegraph sale collapses as US private equity firm drops its bid for the UK newspaper

RedBird Capital withdrew its £500 million bid for the Telegraph Media Group on Friday, leaving the fate of the major British publisher unclear. “RedBird has today withdrawn its bid for the Telegraph ...
Bloomberg L.P.

Daily Mail Owner’s Telegraph Bid Shows Altered UK Media Landscape

A bid by the owner of the Daily Mail newspaper to acquire its rival the Telegraph is likely to be waved through by regulators, reflecting the UK’s altered media landscape. “The scene has changed,” ...
Digital Journal

UK newspaper The Telegraph set for US ownership

US-Emirati consortium RedBird IMI struck a deal for The Telegraph in 2023, but the then Conservative government forced a resale - Copyright AFP Jim WATSON US-Emirati ...
Reuters

RedBird's bid for UK's Telegraph collapses after newsroom opposition

LONDON, Nov 14 (Reuters) - U.S.-based private investment firm RedBird Capital Partners on Friday pulled out of a 500-million-pound ($671-million) bid for Britain's Telegraph Media Group, the latest ...
Reuters

RedBird Capital formally requests approval for acquisition of UK's Telegraph

LONDON, Oct 10 (Reuters) - RedBird Capital Partners on Friday formally requested approval from the British government to proceed with its proposed acquisition of The Telegraph, according to an ...
The New York Times

U.S. Investor Withdraws Takeover Bid for U.K.’s Telegraph

The exit by RedBird Capital Partners comes months after it agreed to buy control of the media company in a deal that valued it at $658 million. By Michael J. de la Merced Reporting from London The ...