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UAE-Backed Firm Walks Away From Telegraph Deal, Eyes Sale

By Irene Madongo (April 30, 2024, 5:25 PM BST) -- RedBird IMI said Tuesday that it will ditch its takeover of Telegraph Media Group and sell the business as the Abu Dhabi-backed private equity firm added that its plans are "no longer feasible," citing a push to ban foreign ownership of British media groups....

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