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The Latest Breaking News from RedBird IMI

Efune insists his Daily and Sunday Telegraph bid is still on track

Asset manager Oaktree out of running as backer but businessman has ‘high confidence’ he will get finance

The Guardian - UK

Daily Telegraph to be sold to owner of right-wing New York Sun for £550m

The deal could be signed off as early as this week

The Independent UK

Telegraph takeover: ‘concern’ in newsroom over Dovid Efune talks

New York Sun owner’s hardline stance about Middle East prompts fears over editorial independence

The Guardian - UK

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read the most diverse news in one place.

Who is Dovid Efune, leading contender to buy Daily Telegraph?

Alarm among staff at potential new owner, who has backed fighting Hamas ‘with every report and headline’

The Guardian - UK

Telegraph auction: New York Sun owner a frontrunner as deadline looms

Suitors such as Dovid Efune and new Spectator owner Paul Marshall have until end of Friday to submit offers

The Guardian - UK

GB News investor Paul Marshall seals £100m deal to buy Spectator

Hedge fund tycoon is also in talks with RedBird IMI to acquire Daily and Sunday Telegraph

The Guardian - UK

GB News investor Paul Marshall poised to buy the Spectator

Hedge fund tycoon in talks with Telegraph owner RedBird IMI to acquire magazine for up to £100m

The Guardian - UK

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Billionaire GB News backer 'set to close Spectator buy-out'

HEDGE-FUND billionaire Paul Marshall is reportedly set to ramp up his media empire building as he closes in on a multi-million pound deal to buy The…

The National (Scotland)

Boris Johnson ‘courted for Telegraph role’ as Nadhim Zahawi plots bid

Backers are reportedly told the former prime minister has been sounded out as paper’s global editor-in-chief

The Guardian - UK

Boris Johnson courted for Telegraph job as Nadhim Zahawi plans takeover

Johnson, who previously worked for The Daily Telegraph, still holds the newspaper ‘in high affection’, a person close to the former prime minister said

The Independent UK

Former Tory chancellor Nadhim Zahawi ‘seeks backers for £600m Telegraph bid’

Zahawi reportedly in talks with potential backers including the Reuben family

The Guardian - UK

Ex-Tory chancellor 'assembling £600m bid for major newspaper'

A FORMER Tory chancellor is reportedly assembling a £600 million bid for the Daily Telegraph.

The National (Scotland)

Former Tory chancellor Nadhim Zahawi planning ‘£600m Telegraph takeover bid’

Former cabinet minister reportedly approached several billionaire backers

The Independent UK

Private equity firm plots takeover bid for Telegraph following Daily Mail owner’s withdrawal

CVC Capital Partners owns sports brands including the Six Nations and La Liga

The Independent UK

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The Guardian - UK

Private equity firm behind Six Nations rugby considers bid for Telegraph

Potential bid by CVC Capital Partners believed to be structured to back newspaper group’s management team

The Independent UK

Daily Mail owner pulls out of race to buy Telegraph blaming new Labour government

Earlier this year, the Conservative government intervened to block Abu Dhabi-backed fund RedBird IMI from buying the newspaper group

The Guardian - UK

Battle resumes to take control of Telegraph – and the Tory soul

After year in ownerless limbo, Conservative party’s bible goes up for sale in second auction next week

The Guardian - UK

UK government was ‘scared’, says man behind failed UAE-backed Telegraph bid

RedBird IMI deal effectively killed by new legislation blocking foreign states from owning UK newspapers

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news in one place.

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The Guardian - UK

Telegraph up for sale as RedBird IMI walks away after UK backlash

UAE-backed investment group says new legislation means takeover of newspapers is ‘no longer feasible’

The Guardian - UK

Paul Marshall expected to bid for Telegraph after quitting GB News board

Investor’s move comes amid reports RedBird IMI is to formally withdraw its attempt to buy the newspaper

International Business Times

UK To Ban Foreign State Ownership Of British Newspapers

The UK announced Wednesday that it plans to bar overseas governments from owning British newspapers, a move that could scupper the contentious Abu Dhabi-led takeover of the Telegraph Media Group.

The Guardian - UK

Telegraph takeover: UK plans law to stop foreign ownership of newspapers

New legislation could thwart planned £600m purchase of media group by UAE-backed consortium

The Guardian - UK

Telegraph and Spectator takeover: News Corp and Mail owner consider bids

Planned acquisition by UAE-backed RedBird IMI is being considered by the culture secretary

The Guardian - UK

Telegraph could become ‘PR arm’ of UAE after proposed takeover, MPs warned

UAE-backed deal could be disastrous for UK government and freedom of press, opponents say

The Guardian - UK

Vodafone should spin off sensitive work after UAE deal, say UK officials

National security concerns focus on arm of Vodafone that provides sensitive tech to government departments and agencies

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