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The Latest Breaking News from RedBird IMI

Peers call for independent body to take control of Telegraph sale

Lords say culture department has mishandled process and suggest CMA or Cabinet Office oversee new auction

The Guardian - UK

‘We’re sick of being the story’: what next for the Telegraph after takeover collapses?

Media group’s future is again in limbo – and it faces questions over the asking price as well as regulatory hurdles

The Guardian - UK

RedBird Capital drops £500m Telegraph takeover bid

US private equity group’s deal collapses amid newsroom criticism and threat of regulator intervention

The Guardian - UK

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More in common: how Sheikh Mansour is linked to Liverpool’s owner

Manchester City owner has a co-investment vehicle with the company that is the third-biggest shareholder in FSG

The Guardian - UK

ITV in talks over possible £1.6bn deal to sell broadcasting arm to Sky

Shares in ITV jumped nearly a fifth higher at one stage on Friday after it announced it was in ‘preliminary discussions’ with Sky.

The Independent UK

Telegraph bidder reported for potential breach of editorial independence rules

UK government alerted after RedBird Capital’s boss allegedly threatened to ‘go to war’ with the title’s newsroom

The Guardian - UK

Telegraph sale in turmoil after lead bidder linked to China’s politburo

Media group’s own paper publishes photograph of RedBird Capital chair with alleged spy ring chief

The Guardian - UK

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MPs back foreign investors owning minority stakes in UK newspapers

Commons votes overwhelmingly in favour of a 15% cap as saga over RedBird IMI’s takeover inches closer to conclusion.

Evening Standard

MPs call for inquiry into how RedBird Capital is funding £500m Telegraph deal

Exclusive: Cross-party group including peers warns of risk of ‘potential Chinese state influence’ in private equity firm

The Guardian - UK

UK Newspaper The Telegraph Set For US Ownership

British right-wing newspaper The Telegraph has agreed a takeover by US investment group RedBird Capital Partners, ending a two-year saga marked by UK government intervention over press freedoms.

International Business Times

Consortium led by RedBird Capital agrees to buy Telegraph for £500m

Deal with US private equity company will end two years of uncertainty over future of titles

The Guardian - UK

Chelsea owner Boehly pulls out of move to buy Scotsman owner National World

Mr Boehly’s Eldridge Media Holdings business said in March that it was considering a takeover deal.

The Independent UK

UK to allow foreign states to own 15% stake in British newspapers

Culture Secretary Lisa Nandy said the move would allow media outlets to seek investment while limiting the risk of outside influence.

Euronews

Decision on foreign state stakes in UK press could end Telegraph limbo

Cap of 15% could allow US firm RedBird Capital to finalise deal to buy titles after two years of uncertainty

The Guardian - UK

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The Guardian - UK

ITV and Channel 4 face summer of uncertainty amidst leadership issues and potential mergers

Channel 4’s chief executive, Alex Mahon, is standing down and ITV head Carolyn McCall has been struggling for investors

The Guardian - UK

Producer of Peaky Blinders and Big Brother ‘drafts bid’ for ITV

French entertainment business Banijay Group looks at possible takeover of broadcaster or just its profitable studio arm

The Guardian - UK

RedBird Capital confident of tabling a deal to take control of Telegraph

Guardian understands plan from US private equity firm to form a consortium or self-fund could come as soon as next month

The National (Scotland)

Premier League football giant's owner considers buying Scottish newspaper

CHELSEA FC owner Todd Boehly’s investment vehicle has made an approach to buy newspaper group National World.

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The Guardian - UK

Chelsea FC owner in talks over bid for the Daily Telegraph

Todd Boehly is understood to be talking to David Montgomery, the executive chair of National World

The Independent UK

Chelsea owner Todd Boehly eyes deal to buy newspaper publisher National World

It comes amid reports the US businessman is seeking to buy The Telegraph newspaper business and would merge it with National World.

Evening Standard

Chelsea owner Boehly considering deal to buy Scotsman publisher National World

It comes amid reports the US businessman is seeking to buy The Telegraph newspaper business and would merge it with National World.

The Guardian - UK

Efune insists his Daily and Sunday Telegraph bid is still on track

Asset manager Oaktree out of running as backer but businessman has ‘high confidence’ he will get finance

The Independent UK

Daily Telegraph to be sold to owner of right-wing New York Sun for £550m

The deal could be signed off as early as this week

The Guardian - UK

Telegraph takeover: ‘concern’ in newsroom over Dovid Efune talks

New York Sun owner’s hardline stance about Middle East prompts fears over editorial independence

The Guardian - UK

Who is Dovid Efune, leading contender to buy Daily Telegraph?

Alarm among staff at potential new owner, who has backed fighting Hamas ‘with every report and headline’

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