Telegraph Media Group: RedBird IMI

(asked on 15th January 2024) - View Source

Question to the Cabinet Office:

To ask His Majesty's Government what plans they have to investigate the proposed acquisition of the Telegraph Media Group by RedBird IMI under the National Security and Investment Act 2021.


Answered by
Baroness Neville-Rolfe Portrait
Baroness Neville-Rolfe
Shadow Minister (Treasury)
This question was answered on 29th January 2024

The Government monitors the market at all times to identify acquisitions of potential national security interest. We do not routinely comment on individual transactions. As an open economy, the government welcomes foreign trade and investment where it supports growth and jobs in the UK, meets our stringent legal and regulatory requirements, and does not compromise our national security. However, the government will not hesitate to use our powers to protect national security where we identify concerns.

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