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Abu Dhabi state-backed fund moves to take control of Daily Telegraph

  • The British government has blocked an Abu Dhabi-backed group from taking ownership of the Telegraph newspaper while regulators investigate freedom of expression concerns.
  • The Telegraph Media Group, which includes the Telegraph newspaper and the Spectator magazine, is up for sale after a dispute with the Barclay family.
  • RedBird IMI, funded by Sheikh Mansour bin Zayed Al Nahyan, has given notice of its intention to take control of the Telegraph titles, triggering an inquiry by regulators.
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Mediaite broke the news in United States on Friday, December 1, 2023.
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