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Media mergers
24 November 2025
Type
Written Ministerial Statement
Department
Department for Culture, Media and Sport
At a Glance
Issue Summary
The statement addresses the ongoing sale process of the Telegraph Media Group following the withdrawal of a previous bid and the signing of an exclusivity agreement between RedBird IMI and DMGT.
Action Requested
The minister expects the submission for consent to take no longer than three weeks and will review any new acquisition guided by principles that uphold public interest, exclude foreign state funding, and protect editorial independence. She reserves the right to intervene under her powers set out in the Enterprise Act 2002.
Key Facts
- RedBird IMI has signed an agreement with DMGT entering into a period of exclusivity.
- The Telegraph Media Group sale process has been ongoing for 19 months since RedBird IMI announced their intention to sell.
- Transfer of ownership requires prior written consent from the Secretary of State under the Order made in January 2024.
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Assessment & feedback
Summary accuracy