Overview

• CVC Capital Partners, managing €186bn in assets, is contemplating a bid for Telegraph Media Group.
• The bid would support the existing management team and potentially mark the first private equity ownership of a UK news outlet.
• Other potential bidders include Sir Paul Marshall, Lord Saatchi, and National World.
• The auction follows the government's block on a previous takeover by an Abu Dhabi-backed fund.
• First-round bids are due by Friday, with a final round set for later this summer.