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Published 2 months ago

Rupert Murdoch and Daily Mail owner mull joint bid for Telegraph group

Summary by City AM
Media moguls Rupert Murdoch and Jonathan Harmsworth, who respectively own News Corp. and the Daily Mail, have reportedly held talks about a potential partnership with the Abu Dhabi-backed fund Rebird IMI in its bid to buy the Telegraph Media Group (TMG). A consortium of News Corp, Daily Mail General Trust (DMGT) and Redbird IMI may alleviate concerns among British policymakers and politicians over the foreign takeover of TMG, according to anony…

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Rupert Murdoch and Daily Mail owner mull joint bid for Telegraph group

Media moguls Rupert Murdoch and Jonathan Harmsworth, who respectively own News Corp. and the Daily Mail, have reportedly held talks about a potential partnership with the Abu Dhabi-backed fund Rebird IMI in its bid to buy the Telegraph Media Group (TMG). A consortium of News Corp, Daily Mail General Trust (DMGT) and Redbird IMI may alleviate concerns among British policymakers and politicians over the foreign takeover of TMG, according to anony…

2 months ago·London, United Kingdom
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