The next year the Conservative government passed a law barring foreign governments from owning British newspapers, in effect forcing RedBird IMI to sell its stake. A sale to the Daily Mail and General ...
LONDON (AP) — U.S. investment firm RedBird Capital said Friday that it has dropped its offer to buy the publisher of Britain’s 170-year-old conservative Daily Telegraph newspaper for about 500 million ...
US-Emirati consortium RedBird IMI struck a deal for The Telegraph in 2023, but the then Conservative government forced a resale - Copyright AFP Jim WATSON US-Emirati ...
Most British people believe Brexit was a mistake. But Prime Minister Keir Starmer’s attempts to edge closer to Europe face huge opposition in the national news media. By Stephen Castle Reporting from ...