DNYUZ
  • Home
  • News
    • U.S.
    • World
    • Politics
    • Opinion
    • Business
    • Crime
    • Education
    • Environment
    • Science
  • Entertainment
    • Culture
    • Music
    • Movie
    • Television
    • Theater
    • Gaming
    • Sports
  • Tech
    • Apps
    • Autos
    • Gear
    • Mobile
    • Startup
  • Lifestyle
    • Arts
    • Fashion
    • Food
    • Health
    • Travel
No Result
View All Result
DNYUZ
No Result
View All Result
Home News

RedBird Secures $675M Deal To Buy UK’s Daily Telegraph

May 23, 2025
in News
RedBird Secures $675M Deal To Buy UK’s Daily Telegraph
494
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

Gerry Cardinale’s RedBird Capital Partners has reached an agreement to buy the UK’s Telegraph Media Group.

The in-principle agreement values the publisher of The Telegraph at £500M ($675M) and will see the U.S.-based RedBird becoming the sole owner of the paper and its associated businesses.

The Abu Dhabi-funded RedBird IMI will take a minority stake providing new legislation around foreign ownership thresholds passes into law. RedBird IMI previously had a deal in place to acquire the Telegraph and The Spectator but was stopped when the British government changed the law to block foreign ownership.

RedBird claims this will be the largest investment in UK print media in a decade and will unlock a “new era of growth” for the 170-year-old titles.

Cardinale and his team have long chased the Telegraph, but an earlier an earlier attempt to buy it through All3Media owner RedBird IMI, which is majority controlled out of the Middle East, was blocked by the former Conservative Party.

RedBird IMI had effectively assumed ownership of the Telegraph after it stepped in to pay the debts of the Barclay family, which previously owned the paper. However, the government ruled RedBird IMI had to sell the asset over fears about press freedoms and RedBird IMI then began sales process. RedBird has a minority stake in RedBird IMI, but it is primarily owned by Sheikh Mansour bin Zayed Al Nahyan, Vice President of the United Arab Emirates.

RedBird said it is in discussions with “select UK-based minority investors with print media expertize and strong commitment to upholding the editorial values of The Telegraph.”

More follows…

The post RedBird Secures $675M Deal To Buy UK’s Daily Telegraph appeared first on Deadline.

Tags: Daily TelegraphMergers and acquisitionsRedBird Capital PartnersRedBird IMI
Share198Tweet124Share
A Guide to Finding Insurance at 26
News

A Guide to Finding Insurance at 26

by New York Times
August 9, 2025

It was supposed to be easier than this. When the Affordable Care Act was passed in March 2010, the goal ...

Read more
News

They Were Joined in Matrimony. Then They (Sometimes) Joined the Club.

August 9, 2025
News

Louisiana to pay $9 million to a man who was shot in the back by state trooper during traffic stop

August 9, 2025
News

Zelenskyy rejects giving up land to end war

August 9, 2025
News

13-Year-Old Complained of ‘Shoulder Pain’, Then Came Devastating Diagnosis

August 9, 2025
Fetterman joins fiscal hawks to sound alarm as national debt nears staggering $37T

Fetterman joins fiscal hawks to sound alarm as national debt nears staggering $37T

August 9, 2025
Son Assaults Mother, Horrifies Onlookers at ‘The Happiest Place on Earth’

Son Assaults Mother, Horrifies Onlookers at ‘The Happiest Place on Earth’

August 9, 2025
How to Watch UFC Fight Night – Dolidze vs Hernandez: Live Stream MMA, Prelims, Main Card, Time, TV Channel

How to Watch UFC Fight Night – Dolidze vs Hernandez: Live Stream MMA, Prelims, Main Card, Time, TV Channel

August 9, 2025

Copyright © 2025.

No Result
View All Result
  • Home
  • News
    • U.S.
    • World
    • Politics
    • Opinion
    • Business
    • Crime
    • Education
    • Environment
    • Science
  • Entertainment
    • Culture
    • Gaming
    • Music
    • Movie
    • Sports
    • Television
    • Theater
  • Tech
    • Apps
    • Autos
    • Gear
    • Mobile
    • Startup
  • Lifestyle
    • Arts
    • Fashion
    • Food
    • Health
    • Travel

Copyright © 2025.