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Family had turned to Abu Dhabi to back its latest offer to regain control of UK newspaper group
Lender that seized Telegraph Media Group holds a guarantee over the retail and financial services business
Gulf finance in demand as rival media groups circle conservative broadsheet
...In June, the head of the LFP told L’Equipe newspaper that Canal+ had no intention of bidding in the upcoming auction for rights from 2024 to 2029. Candidates have until October 17 to apply....
...advertising works across increasingly fragmented media channels, the UK platform has raised £20mn to launch with five major advertisers using the system for the first time, including Procter & Gamble, L’...
...Good hair and a lofty valuation: a rare stumble poses the question, is L’Oréal worth it? Have a great week, Helen ThomasHead of Lexhelen.thomas@ft.com...
Former minister David Davis among those calling for greater scrutiny of proposed deal
Conservative backbencher move comes as culture secretary is set to ask watchdogs to probe RedBird IMI’s bid
Redbird IMI plans to offer further assurances to ensure independence of the newspaper
Investor run by former CNN boss offers to help finance deal as German publisher Axel Springer pulls out of auction
...Get in touch with your thoughts about this newsletter — or anything else — via helen.thomas@ft.com or lexfeedback@ft.com. Helen ThomasHead of Lex...
...announced for a market value of €1.16bn, but remain below the takeover price offered by the Della Valle’s last year “despite clear improvements in Tod’s brand desirability and earnings momentum,” wrote Thomas...
Family increases bid to £1bn as bank prepares for sale of newspaper and Spectator magazine
Regulators to investigate RedBird IMI’s debt for equity deal, but not its repayment of bank loans owed by the Barclay family
...Charlie Thomas travelled as a guest of The Great Balkan Rally, from €2,490 per person...
Abu Dhabi-backed group run by former CNN boss agrees to help Barclay family pay off its loans
...Weiss left for rival Universal in 2011, and Stringer took over from Doug Morris as boss of the group in 2017....
...WPP Open, its AI technology platform, is used by more than 28,000 people in the group and has been adopted by clients including L’Oréal and Nestlé....
Former Tory chair acting as middle man between family and Middle East backers
...Fedspeak: Thomas Barkin, president of the Richmond branch of the US Federal Reserve, will speak about inflation at the Economic Club of New York in Manhattan....
...helen.thomas@ft.com...
How a decade-long effort to restructure loans extended to the reclusive businessmen’s empire culminated in Lloyds Banking Group seizing control of a national newspaper
...Four-fifths of the cruise ships under order between 2024 and 2029 are being built by one of the big European ship makers: Fincantieri, Chantiers de l’Atlantique, Meyer Werft or Meyer Turku, according to...
...When L’Oreal needed online descriptions across thousands of its different beauty products for retailers around the world, WPP was able to use AI to create a unique page for each....
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