Abu Dhabi-Backed Investors Closing in on Telegraph and Spectator Magazine Takeover Deal
A potential deal for Abu Dhabi-backed investors to acquire The Telegraph and Spectator magazine is imminent, set to be finalized as early as Friday. The titles came under Lloyds Bank’s control as part of the effort to recover £1.1bn owed by the former owners, the Barclay family. In a recent agreement, an Abu Dhabi-backed firm…