Daily Mail Withdraws from Telegraph Bid as Auction Reopens
DMGT cites regulatory concerns under new Labour government; other potential buyers include GB News investor and National World.
- DMGT fears prolonged regulatory scrutiny under Labour's new statutory regime.
- The auction for The Telegraph and The Spectator restarts after failed Redbird IMI deal.
- GB News investor Sir Paul Marshall and National World express interest in bidding.
- Redbird IMI aims to recoup at least £600m from the sale.
- Rupert Murdoch's News Corp shows interest in The Spectator, not The Telegraph.