RedBird IMI to Drop Telegraph Bid, Leaving UK Paper for Sale

RedBird IMI is set to walk away from its takeover of the Telegraph, according to a person familiar with the matter, in a move likely to trigger another bidding war for the UK newspaper group.

Apr 26, 2024 - 17:58
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RedBird IMI to Drop Telegraph Bid, Leaving UK Paper for Sale
RedBird IMI is set to walk away from its takeover of the Telegraph, according to a person familiar with the matter, in a move likely to trigger another bidding war for the UK newspaper group.

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