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Articles for Redbird Imi, search results for media

Telegraph marks a year in limbo as Starmer faces diplomatic pressure over sale
1 month ago

Telegraph marks a year in limbo as Starmer faces diplomatic pressure over sale

The Telegraph  

When Lucy Frazer, the former culture secretary, intervened to halt the sale of The Telegraph to a fund backed by Abu Dhabi, it was clear the Gulf state’s swoop on the British media would not go smoothly. Few could have predicted, however, that a full year later RedBird IMI would be left clutching a newspaper it was legally blocked from …

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Private equity firm plots takeover bid for Telegraph following Lord Rothermere withdrawal
5 months, 1 week ago

Private equity firm plots takeover bid for Telegraph following Lord Rothermere withdrawal

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy A private equity firm is plotting a takeover bid for …

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Telegraph takeover: Why did it collapse and what happens next?
7 months, 3 weeks ago

Telegraph takeover: Why did it collapse and what happens next?

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. After a lengthy process, receivers for Telegraph Media Group …

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UAE given more time to offer concessions in Telegraph bid
9 months ago

UAE given more time to offer concessions in Telegraph bid

The Telegraph  

The Abu Dhabi fund bidding for The Telegraph has been granted more time to make concessions to the Government amid concerns about the impact of the deal on press freedom. Culture Secretary Lucy Frazer last week said she was “minded to” refer the planned takeover of the Telegraph by RedBird IMI to an in-depth investigation by the Competition and Markets …

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UAE-backed Telegraph takeover potentially against public interest, Ofcom warns Culture Secretary
9 months ago

UAE-backed Telegraph takeover potentially against public interest, Ofcom warns Culture Secretary

The Telegraph  

A UAE-backed takeover of the Telegraph would potentially be against the public interest, the media regulator Ofcom has warned the Culture Secretary. “In particular, they consider that International Media Investments, a majority partner in RB Investco’s parent company, may have the incentive to influence TMG in a way that could potentially act against the public interest in the UK by …

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Telegraph boss exits amid Government review of Abu Dhabi-backed takeover
10 months, 4 weeks ago

Telegraph boss exits amid Government review of Abu Dhabi-backed takeover

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The boss of the Telegraph …

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Cross-party group of MPs tell minister of concerns over UAE-backed takeover of The Telegraph
11 months ago

Cross-party group of MPs tell minister of concerns over UAE-backed takeover of The Telegraph

The Telegraph  

A cross-party group of more than 20 MPs and peers has written to the Culture Secretary expressing their deep concern at the prospect of The Telegraph being taken over by a United Arab Emirates-backed fund. They have urged Lucy Frazer to refer the proposed takeover to the Competition and Markets Authority for a so-called Phase Two review, to ensure that …

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Barclay family repays £1.2bn debt to Lloyds amid potential sale of Telegraph
1 year ago

Barclay family repays £1.2bn debt to Lloyds amid potential sale of Telegraph

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The Barclay family has repaid …

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UK government intervenes in potential takeover of Telegraph newspaper by Abu Dhabi-backed fund
1 year ago

UK government intervenes in potential takeover of Telegraph newspaper by Abu Dhabi-backed fund

Associated Press  

LONDON — Britain’s government said Thursday it has asked media and market competition officials to investigate whether a potential Abu Dhabi-backed takeover of The Telegraph newspaper would impact press freedoms. Culture Secretary Lucy Frazer said she issued a “public interest intervention notice” after considering the possible impact of the offer by the investment fund RedBird IMI to the previous owners …

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Government ‘minded’ to intervene over Telegraph sale deal – Culture Secretary
1 year, 1 month ago

Government ‘minded’ to intervene over Telegraph sale deal – Culture Secretary

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The Government is considering a …

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Loans pave way for Abu Dhabi-backed fund to take over UK’s Telegraph newspaper
1 year, 1 month ago

Loans pave way for Abu Dhabi-backed fund to take over UK’s Telegraph newspaper

Associated Press  

LONDON — An Abu Dhabi-backed investment fund said Monday it has paved the way to take ownership of Britain’s Telegraph newspaper and The Spectator magazine after striking a deal with the publications’ previous owners to repay debts owed by them. RedBird IMI — a joint venture between RedBird Capital and Abu Dhabi’s International Media Investments, and led by former CNN …

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