Lord Saatchi and Lynn Forester de Rothschild explore forming a consortium to bid for The Daily Telegraph.
Lord Saatchi, a House of Lords member and M&C Saatchi co-founder, explores forming a consortium to bid for The Daily Telegraph, possibly collaborating with former Economist Group director, Lynn Forester de Rothschild. They have approached potential financial backers in recent weeks, with a bid deadline set for July 19th. RedBird IMI is currently engaging global parties for the sale of Telegraph and Spectator magazine.
July 06, 2024
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