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Telegraph sale: 'Preliminary deal' to end two-year ownership impasse
Telegraph sale: 'Preliminary deal' to end two-year ownership impasse

Sky News

time23-05-2025

  • Business
  • Sky News

Telegraph sale: 'Preliminary deal' to end two-year ownership impasse

A "preliminary" deal to end the two-year ownership impasse at the Daily Telegraph has ben agreed, according to the newspaper. It reported on Friday that a consortium led by US firm Redbird Capital was set to take control. Prospects for a deal were understood to have been held up by the previous Conservative government's ban on foreign state ownership but those rules were relaxed earlier this month. This breaking news story is being updated and more details will be published shortly. Please refresh the page for the fullest version.

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