RedBird IMI opens bids for its sale of UK’s Telegraph newspaper
Malay Mail Online - Money·2024-06-22 15:00
LONDON, June 22 — Abu Dhabi-backed RedBird IMI said yesterday it had opened bids for its sale of the Telegraph and Spectator, having reversed its decision to acquire the right-leaning newspaper group after the government intervened.
“We can confirm that prospective owners are now able to submit their initial bids from today (June 21),” a RedBird IMI spokesperson said.
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