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Bidding War for Telegraph Deadline Set for July 19, Suitors Must Act Fast for £600m Offer

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June 24, 2024
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Interested parties vying for ownership of The Daily Telegraph and The Spectator magazine have been given a deadline of July 19th to submit their initial offers, according to sources familiar with the matter. The auction, overseen by RedBird IMI, an Abu Dhabi state-backed vehicle, was launched earlier this year after the company struck a deal to acquire the assets. However, their plans were met…

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