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Evening Standard

Business

Rebcca English

Public interest investigation into sale of Telegraph now likely

Lloyds Lucy Frazer Lloyds Bank Paul Marshall Barclay RedBird

THE prospect of a quick sale of the £600 million Telegraph Group ahead of a general election next year appeared to fade today as rival bidders geared up for what seems certain be an awkward political fight.

Lloyds Bank put the group that also owns The Spectator up for sale last month in frustration at debts of £1.2 billion owed by the warring Barclay family.

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