Telegraph suitor to buy Traitors and Fleabag maker All3Media for £1.15bn

RedBird IMI, which is majority-owned by the UAE vice-president, has invested in five media firms since its launch a year ago

The Abu Dhabi-backed company that is trying to take over the Telegraph newspapers has announced a £1.15bn deal to buy the production company behind Fleabag and the Traitors.

Under the deal, RedBird IMI, which is headed by the former CNN president Jeff Zucker, will take over London-based All3Media with the agreement of its owners Warner Bros, Discovery and Liberty Global.

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Telegraph takeover decision put back by fresh inquiry into Barclay family’s UAE-backed deal

Regulators’ reports on public interest risk now due on 11 March after late change in consortium’s structure prompts further review

A second investigation has been launched into the Barclay family’s deal to transfer control of the Telegraph newspaper group, pushing the deadline for regulators’ reports on the public interest threat it poses by more than six weeks.

The UK government moved swiftly to order the second watchdog inquiry after the Barclays’ UAE-backed consortium partner revealed a last-minute corporate structure change.

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UK government pressed for answers on Sheikh Mansour and Russians

  • Ukrainian activist urges government to investigate City owner
  • ‘Many oligarchs appear to have found home for wealth in UAE’

The UK government has been asked to reveal what steps it has taken to investigate whether Manchester City’s owner, Sheikh Mansour bin Zayed Al Nahyan, assisted wealthy Russians on whom it has imposed sanctions in moving their assets to the United Arab Emirates.

Lawyers acting on behalf of a Ukrainian activist – who wishes to remain anonymous for fear of reprisals from Russia – have written to the foreign secretary, James Cleverly, to ask whether investigations have been carried out to determine whether Mansour, the UAE’s deputy prime minister, should be identified as a “designated person” subject to financial sanctions under the Russia (Sanctions) (EU Exit) Regulations 2019.

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