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Telegraph Media Group’s shares surged after Carlyle’s bid ended and Abu Dhabi’s IMI took a minority stake, shaking up UK media ownership.

Stories involving Telegraph Media Group Limited

RedBird Withdraws Telegraph Bid

RedBird Capital has withdrawn its bid to acquire the Telegraph Media Group, ending a nearly two-year effort amid political and regulatory scrutiny. The move leaves the future of the UK newspaper uncertain, with potential new bidders expected to emerge as the sale process restarts.