Government intervenes in Abu Dhabi's bid to buy Telegraph

Government intervenes in Abu Dhabi's bid to buy Telegraph

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The culture and media secretary has intervened to scrutinise a sale of the Daily Telegraph and the Spectator magazine to a company backed by the Abu Dhabi ruling family. The titles were taken over by Lloyds Bank as it sought to recover £1.1bn owed by the owners, the Barclay family. It was…

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