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UK legislation to allow foreign states to own up to 15% in British newspapers passes, clearing the way for the Telegraph's sale to a RedBird Capital-led group (Mark Sweney/The Guardian)

Mediagazer · last updated

Mark Sweney / The Guardian:
UK legislation to allow foreign states to own up to 15% in British newspapers passes, clearing the way for the Telegraph’s sale to a RedBird Capital-led group  —  Consortium led by RedBird Capital in line to buy group for £500m, in deal that would result in UAE retaining 15% stake