Is Gulf-backed bid for Telegraph ‘successfully lifeless’?

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Is Gulf-backed bid for Telegraph ‘successfully lifeless’?

Investment fund Redbird IMI, which is 75%-owned by Manchester City soccer membership proprietor Sheikh Mansour, who can be deputy prime minister and vp of the UAE, hoped to take management of the Daily and Sunday Telegraph, together with the Spectator journal after paying off the money owed of its earlier proprietor.

With inputs from BBC

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