$733 Billion Private Equity Apollo Co-Founder Leon Black in Talks to Buy UK Newspaper Telegraph as Anchor Investor, Barclay Family Avoided Sale of UK Newspaper Telegraph in 2023 with Repayment $1.5 Billion Loan to Lloyds Bank with Support from RedBird IMI, Initial Proposed Sale to RedBird IMI was Rejected by UK Government Due to Freedom of Expressions Concerns

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$733 Billion Private Equity Apollo Co-Founder Leon Black in Talks to Buy UK Newspaper Telegraph as Anchor Investor, Barclay Family Avoided Sale of UK Newspaper Telegraph in 2023 with Repayment $1.5 Billion Loan to Lloyds Bank with Support from RedBird IMI, Initial Proposed Sale to RedBird IMI was Rejected by UK Government Due to Freedom of Expressions Concerns

9th January 2025 | Hong Kong

Leading private equity Apollo Global Management ($733 billion AUM) co-founder Leon Black with $14 billion fortune has been reported to be in talks to buy UK newspaper Telegraph.  In 2023 December, Barclay family (David Barclay & Frederick Barclay) had avoided the sale of UK newspaper Telegraph with repayment $1.5 billion loan (£ 1.2 billion) to Lloyds Bank with support from RedBird IMI.  The initial proposed sale to RedBird IMI was rejected by the UK government due to freedom of expressions concerns.  RedBird IMI is a joint venture between RedBird Capital Partners, a New York based private-equity firm founded and led by Gerry Cardinale, and International Media Investments (IMI), a global media company based in Abu Dhabi. RedBird IMI is focused on investing in premier companies across news, media, entertainment, sports and live event verticals.  In September 2023, top hedge fund Citadel founder & billionaire with $35 billion fortune Ken Griffin had joined a group of investors led by co-owner of GB News & hedge fund Marshall Wace founder Sir Paul Marshall to buy The Telegraph & The Spectator titles through media group UnHerd Ventures.  The Telegraph & The Spectator were seized by Lloyds Bank in June 2023 after failing to pay more than £1 billion of debt.  The Telegraph & Spectator are owned by the Frederick Barclay family, which had paid £665 million in 2004.  Telegraph Media Group (TMG) is the publisher of The Daily Telegraph and The Sunday Telegraph, The Telegraph Magazine, Telegraph.co.uk and the Telegraph app.  The Spectator was established in 1828.

“ $733 Billion Private Equity Apollo Co-Founder Leon Black in Talks to Buy UK Newspaper Telegraph as Anchor Investor, Barclay Family Avoided Sale of UK Newspaper Telegraph in 2023 with Repayment $1.5 Billion Loan to Lloyds Bank with Support from RedBird IMI, Initial Proposed Sale to RedBird IMI was Rejected by UK Government Due to Freedom of Expressions Concerns “

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Barclay Family Avoided Sale of UK Newspaper Telegraph with Repayment $1.5 Billion Loan to Lloyds Bank with Support from RedBird IMI, Initial Proposed Sale to RedBird IMI was Rejected by UK Government Due to Freedom of Expressions Concerns

8th December 2023 – The Barclay family (David Barclay & Frederick Barclay) had avoided the sale of UK newspaper Telegraph with repayment $1.5 billion loan (£ 1.2 billion) to Lloyds Bank with support from RedBird IMI.  The initial proposed sale to RedBird IMI was rejected by the UK government due to freedom of expressions concerns.  RedBird IMI is a joint venture between RedBird Capital Partners, a New York based private-equity firm founded and led by Gerry Cardinale, and International Media Investments (IMI), a global media company based in Abu Dhabi. RedBird IMI is focused on investing in premier companies across news, media, entertainment, sports and live event verticals.  In September 2023, top hedge fund Citadel founder & billionaire with $35 billion fortune Ken Griffin had joined a group of investors led by co-owner of GB News & hedge fund Marshall Wace founder Sir Paul Marshall to buy The Telegraph & The Spectator titles through media group UnHerd Ventures.  The Telegraph & The Spectator were seized by Lloyds Bank in June 2023 after failing to pay more than £1 billion of debt.  The Telegraph & Spectator are owned by the Frederick Barclay family, which had paid £665 million in 2004.  Telegraph Media Group (TMG) is the publisher of The Daily Telegraph and The Sunday Telegraph, The Telegraph Magazine, Telegraph.co.uk and the Telegraph app.  The Spectator was established in 1828.

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