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...RedBird IMI, the US-based investment group run by Jeff Zucker and Gerry Cardinale, has emerged as frontrunner to buy All3Media, the UK TV and film production business behind Fleabag and Call The Midwife....
...Lloyds Banking Group took control of the Telegraph Media Group this summer after the Barclay family — which had owned it for two decades — failed to repay debts of more than £1.1bn....
...It owns about three quarters of RedBird IMI, which is run by former CNN boss Zucker and former Goldman Sachs executive Gerry Cardinale....
...several people involved in the deliberations, companies exploring options for a second headquarters abroad include Lite-On and Qisda, which make electronic components and devices for consumer, telecoms, automotive...
...The Italian team was sold to private equity group RedBird Capital Partners for €1.2bn, the highest price paid for a club outside the English Premier League....
...Blackstone acquired US data centre group QTS for $10bn in 2021, which would manage the project. Rival Brookfield has also invested heavily in these high-tech facilities....
...group who risked losing the titles to its creditor Lloyds Banking Group....
...This story was corrected to reflect that Group 1 Automotive has 55 sites in the UK, not 51 as indicated in a previous version....
...Since its launch as a joint venture a year ago by Cardinale’s private equity firm Redbird Capital Partners and Abu Dhabi-based International Media Investments (IMI), the group has made five deals....
...“The automotive market . . . is going through one of the most significant transformations since the invention of the combustion engine,” said Dipti Vachani, who leads Arm’s automotive business....
...Textor’s Eagle Football Group owns Olympique Lyonnais, RWD Molenbeek, Botafogo and is the largest shareholder in Crystal Palace....
...one point or another, they’ve come across the desk of Gerry Cardinale....
...“What makes a winner of Zlatan’s calibre is not just physical talent, but also high intellect and an entrepreneurial spirit,” said Cardinale....
...Plus, an interview with Gerry Cardinale: Having just struck a £1.15bn deal to buy All3Media, the RedBird Capital dealmaker is seeking approval to complete a takeover of The Daily Telegraph newspaper....
...One invite to start: Join footballing legend Zlatan Ibrahimović, dealmaker Gerry Cardinale, Premier League chief executive Richard Masters and UK culture secretary Lucy Frazer in less than two weeks at our...
...US group Lithia, which already has 50 UK sites, will buy the showrooms, Pendragon said on Monday....
...Analysts estimate the country’s automotive industry is already suffering from output that far outstrips demand....
...Audi oversees Bentley within the VW group....
...The new rule is causing a headache for them as there is no effective way to revive sales here,” said Lee Hang-koo at the Jeonbuk Institute of Automotive Convergence Technology, a South Korean research group...
...The group’s headline earnings fell to R14bn, from R48.8bn in 2022....
...The combined group would be able to serve the rapidly growing EV market while providing spare parts for the hundreds of millions of combustion engine cars that are set to remain on roads for decades to come...
...Hedge fund manager David Einhorn has urged Vitesco Technologies to reject a takeover bid by rival German automotive supplier Schaeffler, warning the electric vehicle specialist against merging with a company...
...Cardinale of course owns Italian football club AC Milan, while Mansour controls City Football Group, owner of Premier League champions Manchester City....
...For the past two years he has worked across JLR and its parent company Tata Group on battery technology, including overseeing the Indian group’s partnership with Chinese-owned battery maker AESC, and its...
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