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Ofcom says UAE-backed RedBird IMI's Telegraph takeover would have risked press freedom, IMI rejects the report

6 articles from 2 sources
First reported on Friday 16 October 2026 at 06:34 EDT by Evening Standard·Latest article on Friday 16 October 2026 at 10:14 EDT

Summary

Ofcom and the CMA have published reports over the attempted RedBird IMI takeover of the Telegraph newspaper group, which collapsed in 2024, the Evening Standard and The Independent reported on Friday 16 October, Ofcom saying that a takeover by the UAE-backed group would have risked press freedom. IMI said it 'completely rejects' Ofcom's report, suggesting that Ofcom 'failed' to assess IMI as a commercial media company, the two outlets reported.

Latest: Ofcom and the CMA published reports over the attempted RedBird IMI takeover of the Telegraph, which collapsed in 2024, Ofcom saying the takeover by the UAE-backed group would have risked press freedom, while IMI said it 'completely rejects' Ofcom's report, the Evening Standard and The Independent reported.

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How it unfolded

  1. Friday 16 October

    Ofcom and the CMA published reports over the attempted RedBird IMI takeover of the Telegraph, which collapsed in 2024, Ofcom saying the takeover by the UAE-backed group would have risked press freedom, while IMI said it 'completely rejects' Ofcom's report, the Evening Standard and The Independent reported.

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