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    The Guardian

    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 monthThe US private equity firm RedBird Capital is confident of tabling a deal to take control of the Daily and Sunday Telegraph as soon as next month, in an attempt to end two years of “paralysis and unhappiness” at the 170-year-old titles.The firm’s founder, Gerry Cardinale, is personally involved in drafting a plan to either form a consortium or self-fund a takeover at Telegraph Media Group, the Guardian understands. Continue reading…



    Source link : https://www.theguardian.com/media/2025/apr/28/redbird-capital-confident-of-tabling-a-deal-to-take-control-of-telegraph

    Author : Mark Sweney

    Publish date : 2025-04-28 05:00:00

    Copyright for syndicated content belongs to the linked Source.

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