The UK government, led by Rishi Sunak, is proposing a ban on foreign state ownership of British media titles, aiming to block the bid from UAE-backed RedBird IMI for the Daily Telegraph and Spectator. RedBird IMI, a venture between RedBird Capital Partners and UAE-based IMI, is considering selling the Telegraph in response to the potential ban. The move has raised concerns about the UAE's influence and human rights record, with the government investigating the sale of the Spectator and Telegraph to a firm linked to the UAE. The ban could impact the sale prices and the overall investment reputation of the UK.
🔴 UAE-backed Telegraph takeover potentially against public interest, Ofcom warns Culture Secretary https://t.co/6NgFRtCwuo
RedBird IMI’s acquisition of the Telegraph newspaper is likely to face an in-depth investigation over public interest concerns, UK Culture Secretary Lucy Frazer says, casting yet more doubt on the UAE-backed deal https://t.co/7rGcrK7YP4
RedBird IMI’s acquisition of the Telegraph newspaper is likely to face an in-depth investigation over public interest concerns, UK Culture Secretary Lucy Frazer says, casting yet more doubt on the UAE-backed deal https://t.co/9Rc6S9fpAS
Culture secretary Lucy Frazer says she is inclined to recommend an in-depth investigation of a deal to buy Telegraph Media Group after initial examinations by the Competition and Markets Authority and Ofcom. Significance of this is it gives time to put into law a ban on foreign…
With a UAE-backed consortium seeking to purchase the Telegraph and Spectator, the government has announced plans to ban foreign governments from owning British newspapers and magazines - a move backed by 74% of Britons https://t.co/i6SDtNBogm https://t.co/TuphbFMnze
UK To Forbid Foreign Control of Media, Block UAE Imminent Purchase of Conservative Paper Telegraph via @gatewaypundit https://t.co/ZLsz9QQJ4B
Britain's government passed a law to stop a company from Abu Dhabi buying the Telegraph newspaper. Making policy on the hoof further hits the UK’s reputation as a place for foreigners to invest, argues @KarenKKwok https://t.co/5bjkzaDq0d
GB News owner could be blocked from buying Telegraph and Spectator Even if UAE-based RedBird IMI is prevented from bidding for the titles by strengthened rules on foreign ownership of UK media groups, it still retains control over the sale prices https://t.co/xsmKLKecny
UAE-backed Telegraph takeover group weighs up selling stake as ban looms https://t.co/YtbblkYjy0
Britain’s government has legislated to block an Abu Dhabi-backed takeover of the Telegraph. It may not upend relations with the UAE. But making policy on the hoof further hits the UK’s reputation as a place for foreigners to invest, argues @KarenKKwok https://t.co/OoKbm94yhP
The British government moves to block an Emirati bid to buy the Telegraph newspaper given "the U.A.E.’s autocratic government, checkered human rights record, and friendly ties to" Putin. https://t.co/L2HnGKZat1
Britain’s government is investigating the possible sale of the Spectator and the Telegraph to a firm linked to the UAE. The great irony is that two decades ago the papers were bought by two brothers who deserved an inquiry of their own https://t.co/NeyUXdGHQw 👇
Interesting thoughts from a Dubai media analyst on Telegraph deal * It fits "UAE’s legitimate soft-power and global influence goals" (precisely what MPs fear). * "If the law is passed, the competition of Gulf governments for traditional media will simply move to seeking…
RedBird IMI, a venture between RedBird Capital Partners and UAE-based IMI, is considering a sale of the Telegraph after the UK government said it is working to ban foreign state ownership of UK media titles. https://t.co/azl2guGwnR via @tommetcalf123 @JamieNimmo63 https://t.co/FDuvuTAOyw
New: RedBird IMI is considering a sale of the Telegraph after Rishi Sunak’s government said it is working to ban foreign state ownership of UK media titles https://t.co/pWaVZK3LFG
RedBird is considering a sale of the Telegraph after Rishi Sunak’s government said it is working to ban foreign state ownership of UK media titles. https://t.co/CWWAQ4Btbg
UK Bans Foreign State Ownership of Newspapers in Blow to Jeff Zucker. Read more: https://t.co/rLzFiwuS3x Ousted CNN boss Jeff Zucker's plan to acquire Britain's Daily Telegraph is in jeopardy as the UK ...
Press Freedom? Sunak’s Attack On Media Plurality Announced The UK has proposed a ban on the ownership of British media by foreign govts in a move which could see London block the bid from UAE-backed RedBird IMI for the Daily Telegraph and Spectator. The proposal, dubbed the… https://t.co/b6qLz2LCtt