RedBird Capital consortium drops £500m Telegraph bid
Move follows opposition from newsroom to US private equity group’s offer and links to ChinaBusiness live – latest updatesRedBird Capital has dropped its £500m bid for the Telegraph Media Group, throwing the future of its daily and Sunday titles into further uncertainty.The private equity group...
<p>Move follows opposition from newsroom to US private equity group’s offer and links to China</p><ul><li><p><a href="https://www.theguardian.com/business/live/2025/nov/14/reeves-income-tax-uk-budget-china-factory-output-retail-sales-bonds-stock-economy-business-live-news">Business live – latest updates</a></p></li></ul><p>RedBird Capital has dropped its £500m bid for the Telegraph Media Group, throwing the future of its daily and Sunday titles into further uncertainty.</p><p>The private equity group founded by Gerry Cardinale has been under intense attack in recent weeks with the Telegraph newsroom – and allies including former editor Charles Moore and ex-Spectator chief Fraser Nelson – publishing a string of pieces calling for its links to China to be investigated.</p> <a href="https://www.theguardian.com/media/2025/nov/14/redbird-capital-drops-telegraph-bid-newspaper">Continue reading...</a>
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