Telegraph newspaper to be bought by US firm RedBird Capital for £500m

NAMPA / DPA

2025-05-23

London (PA Media/dpa) - The British newspaper The Telegraph is to be bought by a consortium led by US investment firm RedBird Capital for about £500 million ($675 million). It is the latest turn in a tumultuous two-year takeover process for the 170-year-old newspaper business. RedBird IMI, which was partly backed by the US firm but majority-owned by Sheikh Mansour bin Zayed Al Nahyan, vice president of the United Arab Emirates, originally agreed......

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