Media expert Claire Enders highlighted the potential struggle for bidders backed by Middle Eastern funds to gain UK government approval, particularly as they eye ownership of a “politically” significant newspaper. Potential investors have recently signed confidentiality agreements in anticipation of information packs being made available. The group includes Telegraph properties The Daily Telegraph, Sunday Telegraph, Telegraph.co.uk, The Telegraph Magazine and the Telegraph app. Aside from Qatari interest, inquiries from Saudi and other Middle Eastern wealth funds have surfaced. Formerly linked to a potential bid, Sir William Lewis, who recently assumed leadership at the Washington Post, is now less likely to pursue the Telegraph.

Source: Daily Mail November 12, 2023 10:33 UTC