RedBird Capital drops its £500M bid for the Telegraph Media Group, after intense pressure from the Telegraph newsroom and allies over the group's links to China (Mark Sweney/The Guardian)
Mark Sweney / The Guardian:
RedBird Capital drops its £500M bid for the Telegraph Media Group, after intense pressure from the Telegraph newsroom and allies over the group’s links to China — US private equity group pulls out of sale amid threat of regulator intervention and newsroom criticism