Overview

• RedBird Capital Partners has reached an in-principle agreement to acquire The Telegraph Media Group for £500 million, becoming its sole controlling owner.
• This acquisition follows the forced sale of The Telegraph by Abu Dhabi-backed RedBird IMI after UK legislation blocked foreign-state media ownership.
• RedBird plans significant investments in digital operations, AI tools, and journalistic talent to expand The Telegraph’s global reach, particularly in the U.S.
• The deal is subject to regulatory approvals, including a public interest review by the UK culture secretary and new foreign-ownership legislation allowing limited minority stakes.
• The transaction concludes a two-year ownership saga and underscores The Telegraph’s enduring cultural and commercial significance.