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The Latest Breaking News from RedBird IMI

Ex-Tory chancellor 'assembling £600m bid for major newspaper'

A FORMER Tory chancellor is reportedly assembling a £600 million bid for the Daily Telegraph.

The National (Scotland)

Former Tory chancellor Nadhim Zahawi planning ‘£600m Telegraph takeover bid’

Former cabinet minister reportedly approached several billionaire backers

The Independent UK

Private equity firm plots takeover bid for Telegraph following Daily Mail owner’s withdrawal

CVC Capital Partners owns sports brands including the Six Nations and La Liga

The Independent UK

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Private equity firm behind Six Nations rugby considers bid for Telegraph

Potential bid by CVC Capital Partners believed to be structured to back newspaper group’s management team

The Guardian - UK

Daily Mail owner pulls out of race to buy Telegraph blaming new Labour government

Earlier this year, the Conservative government intervened to block Abu Dhabi-backed fund RedBird IMI from buying the newspaper group

The Independent UK

Battle resumes to take control of Telegraph – and the Tory soul

After year in ownerless limbo, Conservative party’s bible goes up for sale in second auction next week

The Guardian - UK

UK government was ‘scared’, says man behind failed UAE-backed Telegraph bid

RedBird IMI deal effectively killed by new legislation blocking foreign states from owning UK newspapers

The Guardian - UK

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Telegraph up for sale as RedBird IMI walks away after UK backlash

UAE-backed investment group says new legislation means takeover of newspapers is ‘no longer feasible’

The Guardian - UK

Paul Marshall expected to bid for Telegraph after quitting GB News board

Investor’s move comes amid reports RedBird IMI is to formally withdraw its attempt to buy the newspaper

The Guardian - UK

UK To Ban Foreign State Ownership Of British Newspapers

The UK announced Wednesday that it plans to bar overseas governments from owning British newspapers, a move that could scupper the contentious Abu Dhabi-led takeover of the Telegraph Media Group.

International Business Times

Telegraph takeover: UK plans law to stop foreign ownership of newspapers

New legislation could thwart planned £600m purchase of media group by UAE-backed consortium

The Guardian - UK

Telegraph and Spectator takeover: News Corp and Mail owner consider bids

Planned acquisition by UAE-backed RedBird IMI is being considered by the culture secretary

The Guardian - UK

Telegraph could become ‘PR arm’ of UAE after proposed takeover, MPs warned

UAE-backed deal could be disastrous for UK government and freedom of press, opponents say

The Guardian - UK

Vodafone should spin off sensitive work after UAE deal, say UK officials

National security concerns focus on arm of Vodafone that provides sensitive tech to government departments and agencies

The Guardian - UK

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The Guardian - UK

Telegraph takeover decision put back by fresh inquiry into Barclay family’s UAE-backed deal

Regulators’ reports on public interest risk now due on 11 March after late change in consortium’s structure prompts further review

The Guardian - UK

Telegraph takeover: UK government intends to order new investigation into deal

Move follows last-minute change in corporate structure of Barclay family’s UAE-backed consortium

The Guardian - UK

Abu Dhabi-backed group close to £1bn deal for Gogglebox maker All3Media

Telegraph bidder RedBird IMI in talks to buy UK’s largest independent TV production group

The Guardian - UK

From right or left, UAE ownership of the Telegraph should be unacceptable

To state the obvious, the media is more important to free speech and public debate than a football club or a nuclear power station

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The Guardian - UK

Abu Dhabi-backed Telegraph takeover plan ‘unacceptable’, says ex-MI6 chief

Sir Richard Dearlove says the deal would be a ‘profound security concern’ and urges ministers to stop it

The Guardian - UK

Barclay family regains control of Telegraph after Abu Dhabi helps pay debt

Planned takeover still requires government approval despite Lloyds receiving funds owed

The Guardian - UK

Barclay family expected to regain control of Telegraph temporarily

Debt repayment will put group step closer to being controlled by consortium backed by UAE

The National (Scotland)

Culture Secretary intervenes in Abu Dhabi-backed takeover of Daily Telegraph

The Culture Secretary has intervened in an Abu Dhabi-backed takeover of The Daily Telegraph by asking the media watchdog to investigate its…

International Business Times

UK To Probe Of UAE-backed Takeover Of Telegraph

The UK government said on Thursday it had triggered a formal probe on public interest grounds into the proposed sale of the Telegraph Media Group to an Abu Dhabi-backed investment fund.

Evening Standard

Culture Secretary steps in to potentially block UAE-backed Redbird's Telegraph deal on public interest grounds

Culture Secretary Lucy Frazer says she “will be issuing a Public Interest Intervention Notice” on the deal

The Guardian - UK

UK government refers Barclay family’s plans for Telegraph to Ofcom

Move is a blow to proposed deal to transfer control of paper and Spectator magazine to UAE-backed consortium

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