MPs call for inquiry into how RedBird Capital is funding £500m Telegraph deal

Exclusive: Cross-party group including peers warns of risk of ‘potential Chinese state influence’ in private equity firmA cross-party group of MPs and peers has called on ministers to investigate how a US private equity company is funding its £500m takeover of the Telegraph.In a letter sent to the culture secretary, Lisa Nandy, last week, the MPs said there was a risk of “potential Chinese state influence” in RedBird Capital. Continue reading...

MPs call for inquiry into how RedBird Capital is funding £500m Telegraph deal

Exclusive: Cross-party group including peers warns of risk of ‘potential Chinese state influence’ in private equity firm

A cross-party group of MPs and peers has called on ministers to investigate how a US private equity company is funding its £500m takeover of the Telegraph.

In a letter sent to the culture secretary, Lisa Nandy, last week, the MPs said there was a risk of “potential Chinese state influence” in RedBird Capital. Continue reading...