MPs Raise National Security Concerns Over UAE-Backed Telegraph Offer
- Investment vehicle linked to UAE is backing Barclay offer
- Lloyds seized the Telegraph titles in June to claw back debts
The deal is backed by media investment vehicle RedBird IMI, a joint venture between RedBird Capital Partners and the United Arab Emirates-based International Media Investments.
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Conservative lawmakers have invoked national security concerns as they push the government to scrutinize the UAE’s support of the Barclay family’s push to reclaim the Telegraph.