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The Latest Breaking News from RedBird IMI

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.

International Business Times

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

Evening Standard

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

The Guardian - UK

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MPs add to pressure on ministers to vet Barclay family’s Telegraph offer

Call for national security law to be used to investigate proposed deal involving consortium backed by UAE

The Guardian - UK

Telegraph sale presents potential national security threat, Tory MPs say

Deputy Prime Minister Oliver Dowden has been urged to use security powers to review the potential sale to an Abu-Dhabi-backed investment fund.

The Independent UK

Top Tory strategist’s lobbying firm advising Daily Mail owners on Telegraph bid

Exclusive: Isaac Levido’s company, Fleetwood Strategy, is helping DMGT navigate potential acquisition of rightwing broadsheet

The Guardian - UK

Why is the Telegraph up for sale and who wants to buy it?

Potential buyers include a consortium that has vowed to pay off the current owners’ debts, the Daily Mail owner and a GB News investor

The Guardian - UK

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UK Government To Intervene In the Telegraph Takeover Deal As Tories Worry About the Newspaper's Operations

Several Tory MPs have urged the UK government to intervene in the Telegraph takeover deal by UAE-backed investment fund, resulting in the Media Secretary writing a hard-hitting letter to the involved parties.

International Business Times UK

Tory concern grows over potential sale of Telegraph titles to Abu Dhabi

Former Telegraph editor Charles Moore among those to condemn bid for the Conservative party’s paper of choice

The Guardian - UK

UAE-backed bid for Telegraph raises fears of Gulf ‘newswashing’

Deal could be referred to Ofcom but some analysts say concerns about foreign influence may be overstated

The Guardian - UK

Whitehall infighting could hamper scrutiny of Telegraph sale

Foreign Office could stifle possible inquiry into bid from Abu Dhabi-backed fund RedBird IMI in absence of cabinet secretary

The Guardian - UK

Frontrunner in Telegraph newspaper takeover bid accuses rivals of hypocrisy

Jeff Zucker of Abu Dhabi-backed Redbird IMI insists editorial independence of titles would be protected

The Guardian - UK

No 10 does not deny Foreign Office intervened over letter on Telegraph takeover

Lucy Frazer had suggested this week she was ‘minded’ to open an investigation into whether the deal was against the public interest.

The Independent UK

The Telegraph, the autocracy and free speech: can RedBird IMI calm media fears?

One of the investors bidding for the paper is the vice-president of the UAE, which is ranked far down the press freedom index

The Guardian - UK

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The Guardian - UK

UK minister intends to refer Barclay family’s offer for Telegraph to Ofcom

Government ‘minded to’ issue intervention notice to call in regulator on public interest grounds

Evening Standard

OPINION - The Barclays are back with a bang and the Telegraph sale has been turned completely on its head

A motorbike weaves through the London traffic. It’s heading across town, from Belgravia to the City. Riding pillion is Aidan Barclay. The bike races up to the doors of the Lloyds Bank headquarters. Barclay dismounts, rushes in and thrusts a piece of paper into the startled receptionist’s hand. It’s a…

The Guardian - UK

Sale of Telegraph paused as consortium pledges to repay Barclay debts

Abu Dhabi-backed RedBird IMI’s announcement casts doubt over auction process

The National (Scotland)

Telegraph and Spectator expected to be bought over by Abu Dhabi-backed fund

Abu Dhabi-backed investment fund RedBird IMI has paved the way to take control of the Telegraph and Spectator publications after agreeing loans to…

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The Guardian - UK

Abu Dhabi-backed fund says it will take control of Telegraph and Spectator

RedBird IMI ‘reaches agreement’ on package of loans to repay debts owed by Barclay family

Evening Standard

Abu Dhabi-backed fund strikes deal in move to secure Telegraph newspaper

It comes after the Telegraph and Spectator were put into receivership over unpaid debts to lenders by its previous owners.

Evening Standard

Sale of Telegraph Group "still wide open" -- bankers

THE race to land ownership of The Telegraph Group remains wide open City bankers insist in the face of reports that an Abu-Dhabi backed fund is close to taking control.

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