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RedBird boss describes failed Telegraph takeover as ‘a shame’ in first comments since deal collapsed

RedBird boss describes failed Telegraph takeover as ‘a shame’ in first comments since deal collapsed

  • Rani Raad says failure of bid, blocked by UK legislation banning foreign governments from owning national newspapers, would weaken the publication’s brand
  • His Abu-Dhabi-backed investment group is now focusing on selling the titles at a premium and looking at other opportunities
By Nadia Al-Faour ·

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