MPs call for inquiry into how RedBird Capital is funding £500m Telegraph deal
by Eleni Courea Political correspondent from World news | The Guardian on (#6XY31)
Exclusive: Cross-party group including peers warns of risk of potential Chinese state influence' in private equity firm
A cross-party group of MPs and peers has called on ministers to investigate how a US private equity company is funding its 500m takeover of the Telegraph.
In a letter sent to the culture secretary, Lisa Nandy, last week, the MPs said there was a risk of potential Chinese state influence" in RedBird Capital.
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