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UK to allow foreign states 15% stake in newspapers

Foreign states will be allowed to own up to 15% of British newspapers and news magazines under new laws. The move follows a takeover bid of the Telegraph and the Spectator by RedBird IMI last year, ...

RedBird's bid for UK's Telegraph collapses after newsroom opposition

U.S.-based private investment firm RedBird Capital Partners on Friday pulled out of a 500-million-pound ($671-million) bid ...
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MPs back foreign investors owning minority stakes in UK newspapers

Foreign investors have stepped closer to buying part of the Telegraph, as MPs backed relaxed laws on foreign ownership of UK newspapers that will allow them to own up to 15%. The Commons voted ...

RedBird Pulls £500 Million Bid for UK’s Telegraph Newspaper

RedBird Capital Partners has withdrawn its £500 million ($658 million) bid to buy the Telegraph Media Group amid a backlash from the UK newspaper publisher’s own staff.
Malay Mail

‘Daily Mail’ owner buys ‘The Telegraph’ for £500m in UK media shake-up, eyes global expansion

The owner of the UK tabloid Daily Mail struck a £500 million (US$654 million or RM 2.72 billion) deal with US-Emirati consortium RedBird IMI for ...