The Telegraph

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 ·