JOURNAL ARTICLE

RedBird Agrees to Buy Telegraph, Ending UK Newspaper's Limbo.

  • Published In: Bloomberg.com, 2025. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Nimmo, Jamie 3 of 3

Abstract

The article discusses RedBird Capital Partners' acquisition of the Telegraph for £500 million ($674 million), concluding a period of uncertainty for the UK newspaper group. The deal involves the purchase from RedBird IMI, a joint venture partly owned by the United Arab Emirates, which had previously gained control of the Telegraph and The Spectator magazine. Following UK government plans to limit foreign ownership of newspapers, RedBird aims to enhance the Telegraph's digital operations and expand its international presence, particularly in the US. The article also notes RedBird's broader investment activities, including stakes in various media and sports entities. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2025/05, pN.PAG
  • Document Type:Article
  • Subject Area:Communication and Mass Media
  • Publication Date:2025
  • Accession Number:185393851
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