Telegraph future in limbo again as RedBird abandons £500m deal

news.sky.com

Telegraph future in limbo again as RedBird abandons £500m deal

news.sky.com

Tychoxii [he/him, they/them]@hexbear.net to

news@hexbear.netEnglish · 7 days ago

RedBird has confirmed a Sky News report that it has withdrawn its £500m bid to buy the right-leaning newspaper titles.

Sky News has learnt that a consortium led by RedBird and including the UAE-based investor IMI has formally withdrawn its offer to buy the right-leaning newspaper titles.

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