Barclay family aim to regain Telegraph control with UAE backing – report
by Rob Davies from World news | The Guardian on (#6E71K)
Family are said to have secured investment from anonymous backers based in Abu Dhabi
The Barclay family are reportedly trying to regain control of the Telegraph newspaper group with financial support from investors in the Middle East, months after surrendering the debt-laden business to Lloyds Banking Group.
The parent companies of the Daily and Sunday Telegraph titles as well as the Spectator fell into receivership in June, presenting a rare opportunity for a wealthy investor to take charge of one of Britain's most influential newspaper groups.
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