Daily Mail owner seals £500m deal for The Telegraph Media Daily Mail owner DMGT has struck a £500m deal to buy the Telegraph Media Group, drawing a line under one of the most drawn-out and politically fraught takeover battles in the British press. The publisher has entered an exclusive period of talks with RedBird IMI, the Abu Dhabi-linked fund whose own attempt to buy the [...]
Redbird pulls out of deal for The Telegraph Media Redbird has pulled out of its £500m bid to buy the Daily Telegraph in a move that will plunge the broadsheet into further uncertainty and leaves the paper without a long-term owner for more than two-and-a-half years. The US private equity giant had been the sole buyer willing to stump up the half a billion-pound [...]
NBA Europe set for step forwards as league chiefs near green light Sport Business Today in a New York hotel, the NBA’s executive and representatives of all 30 teams’ ownership will hold the third of their three scheduled annual meetings. On the agenda will be various matters of concern to the world’s biggest basketball league, but the most intriguing item is its plans for the sport in Europe. Subject [...]
All3Media: Losses balloon at The Traitors maker amid £100m hit August 6, 2025 Losses have ballooned at the production giant behind the likes of The Traitors, Race Across the World and Gogglebox as its revenue slumped by almost £100m, it has been revealed. All3Media has reported a pre-tax loss of £113.5m for 2024, after also posting a loss of £27.8m in 2023. New accounts filed with Companies House [...]
Rival Telegraph bid ‘ready to go’, says hedge fund tycoon July 30, 2025 City financier Jeremy Hosking has said his rival bid for Telegraph is ready to go, putting the hedge fund tycoon head to head with US private equity giant Redbird Capital Partners. Hosking plans to commit £100m of his own money into the newspaper group if his bid with The New York Sun owner Dovid Efune [...]