Abu Dhabi fund digs in on Telegraph price a year after pledge to sell

By Yahoo! Finance   |   1 month ago
Abu Dhabi fund digs in on Telegraph price a year after pledge to sell

The Abu Dhabi fund marketing The Telegraph is standing firm on its asking price despite potential buyers offering less. RedBird IMI rejects bids below £500m, causing concern over potential foreign state ownership. The sale process has been complicated by price discrepancies and regulatory issues.

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