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RedBird IMI to Drop Telegraph Bid, Leaving UK Paper for Sale

(Bloomberg) -- RedBird IMI is set to walk away from its takeover of the Telegraph, according to a person familiar with the matter, in a move likely to trigger another bidding war for the UK newspaper group.Most Read from BloombergJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingFed’s Preferred Core Inflation Gauge Rose at Brisk Pace in MarchHuawei’s New Phone Runs Latest Version of Made-in-China ChipBillionaire Stephen Ro

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RedBird IMI in talks with government over structure of Telegraph sale

The Abu Dhabi-backed vehicle is negotiating over whether it can convert a call option that would allow it to sell the Telegraph and Spectator titles separately, Sky News learns.

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Telegraph suitor Marshall to quit board of GB News owner

Sir Paul Marshall, the hedge fund tycoon, is preparing to step down from the board of GB News' parent company as he eyes a renewed bid to acquire The Daily Telegraph.

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RedBird IMI lines up advisers to decide fate of Daily Telegraph

Raine, which worked on recent deals at Chelsea and Manchester United football clubs, is to advise on the fate of the Telegraph newspapers and Spectator magazine, Sky News learns.

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Inside the battle for 'trophy asset' the Telegraph – and for the soul of Tory Britain | Telegraph Media Group

Traditional affinity between Conservatives and the newspaper has given way to a complex, splintered drama, and the attempted acquisition by Gulf-backed RedBird IMI lies in limbo

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Is Gulf-backed bid for Telegraph 'effectively dead'?

Is Gulf-backed bid for Telegraph 'effectively dead'?
yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.

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Revealed: The City of London's top dealmakers of 2023

2023 was not a vintage year for M&A in the City of London but there was still plenty of scope for dealmakers to ply their trade.

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Vodafone pays out more than $1bn in advisory fees since 2000

Telecoms giant spends huge sums on bankers and lawyers as part of turnaround efforts

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George Osborne reveals he and wife Thea have had their third child

The couple, who tied the knot in July last year at a ceremony in Bruton, Somerset, welcomed their son on Tuesday.

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