London | Rupert Murdoch’s News Corp and the owner of the Daily Mail have held talks about a potential joint takeover of the Telegraph – one of the UK’s most famous newspapers – alongside the UAE-backed investment fund RedBird IMI, people familiar with the matter said.
A joint bid by the three would result in a smaller stake for Redbird IMI, which may ease concerns by British politicians over foreign state control of a legacy media outlet, said the people, who asked not to be identified discussing private talks.
