US EditionDaily Mail-owner Rothermere eyes minority Telegraph stake in RedBird deal
- In May 2025, Lord Rothermere, owner of DMGT, engaged in negotiations to acquire a 9.9% shareholding in the Telegraph titles to resolve a two-year deadlock over their ownership.
- These discussions follow new government rules allowing foreign state investors to hold up to 15% stakes, which changed after lobbying and ended a ban affecting IMI's potential ownership.
- RedBird and IMI jointly hold a call option to convert debt into equity for the Telegraph, with reports suggesting a deal announcement this week remains uncertain as talks may have faltered.
- RedBird and IMI paid £600m in 2023 for the call option, while IMI, controlled by Abu Dhabi's royal family, could own up to 15% of the right-leaning Telegraph titles, sparking criticism.
- If completed, the stake deal could enable cost-sharing between DMGT and the Telegraph while preserving editorial independence, but the industry remains embattled with ownership uncertainty unresolved.
Insights by Ground AI
Does this summary seem wrong?
2 Articles
2 Articles
All
Left
Center
1
Right
Daily Mail-owner Rothermere eyes minority Telegraph stake in RedBird d
The publisher of the Daily Mail has held talks in recent days about taking a minority stake in the Telegraph newspapers as part of a deal to end the two-year impasse over their ownership. Sky News has learnt that Lord Rothermere, who controls Daily Mail & General Trust (DMGT), was in detailed negotiations late last week which would have seen him taking a 9.9% stake in the Telegraph titles. It was unclear on Monday whether the talks were still li…
Coverage Details
Total News Sources2
Leaning Left0Leaning Right0Center1Last UpdatedBias Distribution100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
Factuality
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
