Telegraph sale: Former chancellor Nadhim Zahawi hunts backers for £600m bid

City A.M.

22 Jul 2024 0 shares 1 views

City A.M.

Published 22 Jul 2024

Zahawi is said to be confident he can submit a competitive bid and wants to boost the Telegraph's profitability by expanding in the US.

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Former Tory chancellor Zahawi plots £600m Telegraph bid

Nadhim Zahawi, the former Conservative chancellor, is assembling a £600m bid for The Daily Telegraph that could up-end the auction..

Sky News 22 Jul 2024