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Redbird buys Telegraph in £500m deal with Abu Dhabi to keep minority stake

Redbird buys Telegraph in £500m deal with Abu Dhabi to keep minority stake
US-based private investment firm Redbird Capital Partners has bought the Telegraph ending nearly two years in ownership limbo for the newsbrand. Redbird said Abu Dhabi government-backed International Media Investments, which originally had the majority stake under a plan to buy Telegraph Media Group in 2023 but was stymied by the then-Conservative government stopping foreign state […]

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