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Is Gulf-backed bid for Telegraph ‘effectively dead’?

Pelican Press

By Pelican Press,
in World News

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Is Gulf-backed bid for Telegraph ‘effectively *****’?

Investment fund RedBird IMI, which is 75%-owned by Manchester City football club owner Sheikh Mansour, who is also deputy prime minister and vice president of the UAE, hoped to take control of the Daily and Sunday Telegraph, along with the Spectator magazine after paying off the debts of its previous owner.



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#Gulfbacked #bid #Telegraph #effectively #*****

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