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RedBird Capital consortium drops £500m Telegraph bid

todayNovember 14, 2025

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Move follows opposition from newsroom to US private equity group’s offer and links to China

RedBird Capital has dropped its £500m bid for the Telegraph Media Group, throwing the future of its daily and Sunday titles into further uncertainty.

The private equity group founded by Gerry Cardinale has been under intense attack in recent weeks with the Telegraph newsroom – and allies including former editor Charles Moore and ex-Spectator chief Fraser Nelson – publishing a string of pieces calling for its links to China to be investigated.

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Source: www.theguardian.com

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Written by: truelightfm

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