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The international press picked up the ex-MI6 chief’s comments on UAE-backed RedBirdIMI’s potential takeover of the UK’s Telegraph newspaper. Sir Richard Dearlove said that the takeover would be an infringement on British democracy and called on ministers to block the transaction. RedBirdIMI is also looking to acquire the spectator magazine. The Telegraph itself had the news, in addition to the DailyMail | The Guardian.
REMEMBER- The Lloyds Banking Group seized Telegraph Media Group from current owners, the Barclay family back in June, due to outstanding debts — the newspaper was put up for auction through a formal process led by Goldman Sachs, the Financial Times reported.
