Efune insists his Daily and Sunday Telegraph bid is still on track
by Mark Sweney from World news | The Guardian on (#6S74J)
Asset manager Oaktree out of running as backer but businessman has high confidence' he will get finance
The British owner of the New York Sun has said his 550m offer to buy the Daily and Sunday Telegraph is still on track, despite a big potential backer not joining the bid.
Dovid Efune entered exclusive talks to buy the Telegraph titles last month after submitting the highest bid in the second round of the auction for the titles.
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