RedBird Capital acquires Telegraph Media Group for £500 million, ushering in new era for UK journalism
RedBird Capital Partners, a prominent US private equity firm, has reached an agreement to acquire the Telegraph Media Group (TMG) for £500 million (approximately $675 million), marking the largest investment in UK print media in a decade. This deal concludes a protracted two-year sale saga for the 170-year-old British news institution, known for its conservative…