Telegraph to be purchased by US agency RedBird Capital for £500m

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Your help makes all of the distinction. Learn extra The Telegraph is about to be acquired by a consortium spearheaded by US funding agency RedBird Capital for about £500m.

It's the newest chapter in a turbulent two-year takeover saga for the 170-year-old newspaper.

This announcement follows a earlier try and buy the media group, together with The Spectator, in 2023 by RedBird IMI.

That deal, partly backed by RedBird Capital however majority-owned by Sheikh Mansour bin Zayed Al Nahyan, vice-president of the United Arab Emirates, was in the end blocked by the federal government as a result of new laws stopping international state possession of the press.

Now, RedBird Capital has reached a preliminary settlement to take the reins, promising a renewed give attention to digital development, subscriptions, and journalistic endeavours.

The funding agency has pledged to inject capital into these areas, aiming to increase The Telegraph’s model presence on the worldwide stage.

<img src="https://static.independent.co.uk/2025/05/23/09/c96cb29326bb02e7c6b67f5ac3967a13Y29udGVudHNlYXJjaGFwaSwxNzQ4MDcyMzk3-2.43238484.jpg" srcset="https://static.independent.co.uk/2025/05/23/09/c96cb29326bb02e7c6b67f5ac3967a13Y29udGVudHNlYXJjaGFwaSwxNzQ4MDcyMzk3-2.43238484.jpg?quality=75&width=320&auto=webp 320w, https://static.independent.co.uk/2025/05/23/09/c96cb29326bb02e7c6b67f5ac3967a13Y29udGVudHNlYXJjaGFwaSwxNzQ4MDcyMzk3-2.43238484.jpg?quality=75&width=640&auto=webp 640w" loading="lazy" alt="RedBird Capital Partners is to buy the Telegraph newspaper group for around £500 million" class="sc-1mc30lb-0 QHifS inline-gallery-btn"/> open picture in gallery

RedBird Capital Companions is to purchase the Telegraph newspaper group for round £500 million (Jonathan Brady/PA) Gerry Cardinale, founder and managing companion of RedBird, mentioned: “This transaction marks the beginning of a brand new period for The Telegraph as we glance to develop the model within the UK and internationally, spend money on its expertise and increase its subscriber base.

“We consider that the UK is a good place to speculate, and this acquisition is a crucial a part of RedBird’s rising portfolio of media and leisure corporations within the UK.”

Anna Jones, chief govt of Telegraph Media Group, mentioned: “Telegraph Media Group is an award-winning information media organisation, with distinctive journalism at its coronary heart, supported by main business experience, a dedication to innovation and a laser give attention to information to drive technique.

“RedBird Capital Companions have thrilling development plans that construct on our success – and can unlock our full potential throughout the breadth of our enterprise.”