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RedBird works with UK govt to get nod for Telegraph sale to Springer

By Jon Menon ( March 6, 2026, 14:40 GMT | Insight) -- RedBird IMI, the owner of Telegraph Media Group, has said it is working with the UK government to get clearance to complete a £575 million cash sale of the newspaper company to Axel Springer. The German media group, which owns Bild, Business Insider, Politico and Die Welt, agreed to buy the Telegraph on Friday, overcoming competition from Daily Mail and General Trust.Telegraph Media Group owner RedBird IMI said it is "working closely" with the UK government to get the approvals to complete a £575 million ($770 million) sale of the newspaper company to Axel Springer....

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