Published by Michele Maatouk on 12th June 2025
(Sharecast News) - 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. They said the firm's chair, John Thornton, sat on the advisory council of China's sovereign wealth fund and had high-level meetings with Chinese Communist party figures in 2024 and this year. - Guardian