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Private equity firm plots takeover bid for Telegraph following Lord Rothermere withdrawal

17 July 2024
in Business
Private equity firm plots takeover bid for Telegraph following Lord Rothermere withdrawal
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Private equity firm, Apollo Global Management, is reportedly considering a takeover bid for the Telegraph newspaper after Lord Rothermere withdrew his interest in the publication. The firm sees potential in the media industry and believes it can revitalize the struggling newspaper. If successful, this acquisition could bring about significant changes in the way the Telegraph operates and its editorial direction.

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Tags: bidEquityfirmLordplotsPrivateRothermeretakeoverTelegraphwithdrawal
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