#redbird-capital

#redbird-capital

The government legislation allowing foreign states to own up to 15% in British newspapers survived a potentially fatal vote in the House of Lords, ensuring RedBird Capital's purchase of the Telegraph can proceed.

A group of MPs is urging an investigation into RedBird Capital's takeover of the Telegraph due to concerns over transparency and potential foreign influence, particularly from China.

"The sale marks the start of a new era for The Telegraph as we look to grow the brand in the UK and internationally, invest in its technology and expand its subscriber base."