Telegraph takeover: UK planning new laws to prevent foreign states owning assets

New legislation could thwart planned £600m purchase of media group by UAE-backed consortiumThe UK government plans to introduce legislation that would prevent foreign governments owning UK newspapers and news magazines in a significant move that could scupper the planned £600m sale of the Telegraph to a United Arab Emirates-backed consortium.RedBird IMI – a partnership between a fund backed by the UAE’s vice-president, Sheikh Mansour bin Zayed Al Nahyan, and a privately owned US investment firm – is seeking to acquire one of the UK’s most influential newspaper groups. Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2024-03-13 15:52:35 UTC ]
News tagged with: #telegraph takeover #uk planning #introduce legislation #media group #news magazines #significant move #redbird imi #fund backed #investment firm #privately owned

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Amazon appoints three to UK team

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[ The Bookseller | 2011-02-10 00:00:00 UTC ]
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EU Publishers Blast Apple's IPad Subscription Plan

European publishers have added their voice to the chorus of criticism of Apple’s plans for iPad newspaper subscriptions. Continue reading at PC World

[ PC World | 2011-02-10 00:00:00 UTC ]
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UK bestsellers help Hachette prove resilient as ebooks rise in the US

Written By: Charlotte Williams Publication Date: Thu, 10/02/2011 - 10:08 Bestsellers from Hachette UK helped limit the decline in sales at parent Lagardere Publishing, according to results filed by the French group, which is continuing to suffer from a year-on-year drop in sales of Stephenie... Continue reading at The Bookseller

[ The Bookseller | 2011-02-10 00:00:00 UTC ]
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E-reader market doubles over Christmas in the UK

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[ The Bookseller | 2011-02-09 00:00:00 UTC ]
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Dorchester Media Puts Entertainment, Select Romance Mag Assets on the Block

New York City-based Dorchester Media LLC is fielding offers for the assets of its Lifestyle Entertainment Teen Magazine and Romance Groups. Continue reading at Folio Magazine

[ Folio Magazine | 2011-02-09 00:00:00 UTC ]
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Asda unveils UK's cheapest ebook reader

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[ The Bookseller | 2011-02-07 00:00:00 UTC ]
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Non-agency authors are Amazon UK’s bestselling ebooks

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[ The Bookseller | 2011-02-03 00:00:00 UTC ]
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NewPage Fending Off Takeover?

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[ Folio Magazine | 2011-01-21 00:00:00 UTC ]
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