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Chelsea owner Boehly and Montgomery in talks about Daily Telegraph bid

  • Todd Boehly’s investment vehicle, Eldridge Media Holdings, has approached National World for a potential acquisition, as confirmed by National World's management.
  • National World has received a £65.1 million takeover proposal from Media Concierge but is open to considering Boehly's offer if it provides superior value.
  • Abu-Dhabi-Based RedBird IMI is seeking to sell The Telegraph after earlier takeover attempts were blocked by UK legislators.
  • Discussions occurred regarding Boehly's involvement in purchasing The Telegraph, which is valued around £550 million, amid various deal considerations.
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  • 60% of the sources lean Left
60% Left

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Sky News UK broke the news in United Kingdom on Friday, March 28, 2025.
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