RedBird Capital Partners – Charm

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…

UK newspaper The Telegraph set for US ownership

Cs news5 months ago5 months ago02 mins

British right-wing newspaper The Telegraph is set to be acquired by U.S. investment firm RedBird Capital Partners in a deal worth £500 million ($670 million), the two parties announced Friday, according to AFP. RedBird has reached an “in-principle agreement” to purchase Telegraph Media Group (TMG), which includes the 170-year-old newspaper’s print and digital assets, they…