US EditionMPs demand probe into ‘Chinese links’ to Telegraph takeover – Asian News from UK
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MPs demand probe into ‘Chinese links’ to Telegraph takeover – Asian News from UK
The letter said there was “a lack of transparency regarding the source of the funds behind this acquisition” A group of MPs and peers is calling for an inquiry into potential Chinese links to the funding of The Telegraph takeover deal. RedBird Capital, a US private equity firm, is set to acquire The Telegraph from RedBird IMI, an investment vehicle with majority United Arab Emirates backing, for £500 million. It comes after RedBird IMI was block…
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