NEW YORK--(BUSINESS WIRE)--May 23, 2025--

RedBird Capital Partners ("RedBird") today announced that it has reached an in-principle agreement to acquire The Telegraph Media Group (" The Telegraph " or "TMG") at a total enterprise valuation of £500m, becoming the sole control owner. It is the largest investment in UK print media in a decade and unlocks a new era of growth for the 170-year-old title.