The future ownership of the Daily Telegraph has been plunged back into crisis after RedBird Capital Partners abandoned its proposed £500m takeover. Sky News has learnt that a consortium led by RedBird and including the UAE-based investor IMI has formally withdrawn its offer to buy the right-leaning newspaper titles. In a statement issued to Sky News, a RedBird Capital Partners spokesman confirmed: "RedBird has today withdrawn its bid for the Telegraph Media Group." Full story: https://news.sky.com/story/telegraph-future-in-limbo-again-as-redbird-abandons-500m-deal-13470211 #dailytelegraph #media #businessnews #skynews #telegraph SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews Follow us on Twitter: https://twitter.com/skynews Like us on Facebook: https://www.facebook.com/skynews Follow us on Instagram: https://www.instagram.com/skynews Follow us on TikTok: https://www.tiktok.com/@skynews For more content go to http://news.sky.com and download our apps: Apple https://itunes.apple.com/gb/app/sky-news/id316391924?mt=8 Android https://play.google.com/store/apps/details?id=com.bskyb.skynews.android&hl=en_GB The Trump100 podcast is available for free here: https://podfollow.com/trump100/ To enquire about licensing Sky News content, you can find more information here: https://news.sky.com/info/library-sales