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Telegraph takeover by Daily Mail owner presented to ministers
Yahoo Finance· 2025-12-16 16:13
The move is a significant step towards ending the uncertainty that has gripped The Telegraph since June 2023 - Geoff Pugh The Abu Dhabi-backed bidder which made two failed attempts to take control of The Telegraph has finally made an official application to sell on its interest. More than two years after it first sought a takeover, RedBird IMI has written to Lisa Nandy, the Culture Secretary, to ask permission to transfer it to DMGT, the publisher of The Daily Mail. Ms Nandy has lately been seeking a s ...