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Abu Dhabi-backed fund strikes deal in move to secure Telegraph newspaper

Abu Dhabi-backed investment fund RedBird IMI has paved the way to take control of the Telegraph and Spectator publications after agreeing loans to repay debts owed by previous owners, the Barclay family. Lenders for the Barclay family would need ...

20 Nov 2023 at 17:08

Sir Paul Marshall nears £100m takeover of The Spectator

Hedge fund tycoon Sir Paul Marshall is poised to buy The Spectator magazine in a deal worth about £100 million. The PA news agency understands that the GB News backer is expected to be announced as the publication’s new owner within days. The ...

03 Sept 2024 at 14:22

Telegraph boss exits amid Government review of Abu Dhabi-backed takeover

The boss of the Telegraph Media Group (TMG) has stepped down from the newspaper publisher, amid its proposed takeover by an Abu Dhabi-backed fund. TMG and parent company Press Acquisitions Limited said on Friday that chief executive officer ...

26 Jan 2024 at 12:38

Sale process to secure new owners for Telegraph and Spectator is launched

The Telegraph Media Group and The Spectator magazine have launched the sale process to secure new owners for the business. The long-awaited sale to gain control of one of the UK’s largest newspaper groups has already seen a wealth of ...

20 Oct 2023 at 10:56

Telegraph takeover: Why did it collapse and what happens next?

The proposed takeover of the Telegraph newspaper group by an Abu Dhabi-backed fund has collapsed after the Government intervened in the deal. RedBird IMI was due to buy The Telegraph and sister publication The Spectator but said on ...

30 Apr 2024 at 13:54

City

Telegraph takeover by Abu Dhabi-backed fund set for in-depth review, says Frazer

The Culture Secretary has said she is “minded to” refer the gulf-state backed takeover of the Telegraph newspaper group for an in-depth investigation amid free speech concerns. Last year, Abu Dhabi-backed fund RedBird IMI reached ...

19 Mar 2024 at 13:16

City

The Spectator’s UK profit grows as magazine ‘resilient’ ahead of sale

The Spectator has said its profits in the UK grew last year, as the nearly 200-year-old magazine gears up for a sale. The weekly magazine, which was first published in 1828, said it is a profitable business which has “shown ...

28 Sept 2023 at 00:01

Judge says latest stage of Sir Frederick Barclay money fight is a ‘charade’

Judge says latest stage of Sir Fredrick Barclay money fight is a ‘charade’

A judge has described the latest stage of a long-running money fight between retired businessman Sir Frederick Barclay and his ex-wife as a “charade”. Sir Jonathan Cohen has been told that Sir Frederick, 88, and Lady ...

07 Jul 2023 at 14:57

Kuenssberg: Spectator party mood ‘very hot, very wild’ after Johnson resignation

Laura Kuenssberg has said the atmosphere at The Spectator magazine’s summer party, which took place in the wake of Boris Johnson’s resignation, was “very hot, very wild and very bizarre”. The 46-year-old journalist, ...

23 Aug 2022 at 13:12

Entertainment

One of David Bowie’s final unrealised musical projects to go on display

One of David Bowie’s final unrealised musical projects, The Spectator, is to go on display for the first time next week. The piece will be shown at The David Bowie Centre, which is due to open at the V&A’s new East ...

10 Sept 2025 at 07:27

Foreign powers to be barred from buying British newspapers, Government confirms

Foreign governments will be banned from owning UK newspapers and magazines, a minister has confirmed, amid concern over the gulf state-backed takeover of the Telegraph. In the face of cross-party pressure and a ...

14 Mar 2024 at 04:19

Private equity firm plots takeover bid for Telegraph – reports

Private equity giant CVC is plotting a takeover bid to buy The Telegraph newspaper group. Telegraph Media Group is seeking a buyer after its proposed takeover by an Abu Dhabi-backed fund was blocked by the ...

17 Jul 2024 at 13:11

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