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Top related persons:
Barclay - 5 David - 3 AlixPartners - 3 Nick Hugh - 2 EBITDA - 2 Sir Frederick Barclay - 2 TMG - 2 Italy’s Agnelli - 2
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Bermuda Abu Dhabi UAE Gulf Birmingham Britain Bengaluru
Top related orgs:
Telegraph - 5 Lloyds Banking Group - 5 Spectator - 4 Thomson - 4 Lloyds - 3 Telegraph Media - 3 Sky News - 3 Telegraph Media Group - 2

Search resuls for: "Telegraph Media Group"


5 mentions found


☆ UK bars Abu Dhabi-backed group from acquiring Telegraph, pending review
  + stars: | 2023-12-01 | by ( ) www.reuters.com   time to read: +2 min
LONDON, Dec 1 (Reuters) - Britain's government on Friday blocked an Abu Dhabi-backed group from taking ownership of the media group that owns the Telegraph newspaper while its takeover bid is scrutinised by regulators over freedom of expression concerns. The government intervened in the planned deal on Thursday when it asked regulators to examine the deal. On Friday, culture and media minister Lucy Frazer set out an enforcement order preventing any transfer of ownership of the Telegraph Media Group without her permission and also stopping any changes of its structure or senior editorial staff. As well as the right-leaning Telegraph newspaper, the group owns the Spectator magazine. They are up for sale after Lloyds Banking Group in June seized control following a long-running dispute with owners, the Barclay family.
Persons: Lucy Frazer, Barclay, Jeff Zucker, Mansour bin Zayed Al Nahyan, Camilla Tominey, Tominey, William Schomberg, Nick Zieminski Organizations: Telegraph, Telegraph Media Group, Ofcom, Spectator, Lloyds Banking Group, IMI, CNN, United Arab Emirates, Thomson Locations: Abu Dhabi, UAE, Gulf
☆ The superyacht version of a 'French palace' is being put up for sale for $23 million by the Barclay family
  + stars: | 2023-10-06 | by ( Huileng Tan | ) www.businessinsider.com   time to read: +3 min
The UK's billionaire Barclay family is looking to sell the "Lady Beatrice," a 197-foot-long superyacht. The Barclay family, which owns The Telegraph media group, has put up the "Lady Beatrice" for sale for 22 million euros, or $23.2 million, according to a listing by its broker, Edmiston. One writer on autoevolution, a car and transportation site, was so impressed that they called the superyacht "the floating version of a French palace." The Barclay family is known to be very private. AdvertisementAdvertisementEdmiston and the Barclay family did not immediately respond to requests for comment from Insider outside regular business hours.
Persons: Barclay, Beatrice, —, Beatrice Cecelia Taylor, Frederick, David Barclay, David, Sunday Times Rich, Forbes, Hiroko, Frederick's Organizations: The Telegraph, The Times, Service, Telegraph, Lloyds Banking Group, Sunday Times, Bloomberg
☆ Telegraph’s $750 million price implies vanity contest
  + stars: | 2023-06-08 | by ( Pamela Barbaglia | ) www.reuters.com   time to read: +4 min
That’s the only way to explain a possible 600 million pound ($748 million) price tag for the Britain’s Telegraph Media Group (TMG). EBITDA hit 40 million pounds, up 5%, based on UK filings, while borrowings were minimal. Lloyds reckons the price tag could be as high as 600 million pounds, according to media reports. On that basis, TMG’s value including debt would be just over 100 million pounds. Japanese media group Nikkei bought the Financial Times in 2015 for 2.5 times the previous year’s revenue.
Persons: Liz Truss, Hannah McKay, Nick Hugh, EBITDA, Barclay, Sir Frederick Barclay, David, TMG, AlixPartners, Italy’s Agnelli, B.UK, Liam Proud, Oliver Taslic Organizations: Sunday Telegraph, British, Conservative Party, REUTERS, Reuters, Britain’s Telegraph Media, Spectator, Lloyds Banking Group, Lloyds, Daily, Nikkei, Financial Times, Economist Group, Telegraph Media, Telegraph, Sky News, Thomson Locations: Birmingham, Britain, Bermuda
☆ Telegraph’s $750 mln price implies vanity contest
  + stars: | 2023-06-08 | by ( Pamela Barbaglia | ) www.reuters.com   time to read: +3 min
That’s the only way to explain a possible 600 million pound ($748 million) price tag for the Britain’s Telegraph Media Group (TMG). EBITDA hit 40 million pounds, up 5%, based on UK filings, while borrowings were minimal. Lloyds reckons the price tag could be as high as 600 million pounds, according to media reports. Japanese media group Nikkei bought the Financial Times in 2015 for 2.5 times the previous year’s revenue. Follow @pamela_msg on TwitterCONTEXT NEWSReceivers chosen by Lloyds Banking Group could put the Telegraph Media Group up for sale after its Bermuda-based parent company B.UK failed to repay bank loans.
Persons: Nick Hugh, EBITDA, Barclay, Sir Frederick Barclay, David, TMG, AlixPartners, Italy’s Agnelli, B.UK, Liam Proud, Oliver Taslic Organizations: Reuters, Britain’s Telegraph Media, Sunday Telegraph, Spectator, Lloyds Banking Group, Lloyds, Daily, Nikkei, Financial Times, Economist Group, Conservative Party, Telegraph Media, Telegraph, Sky News, Thomson Locations: Bermuda
☆ Telegraph faces sale after UK lender takes control of owners
  + stars: | 2023-06-07 | by ( ) www.reuters.com   time to read: +1 min
June 7 (Reuters) - The Telegraph group of newspapers could be sold after the Bank of Scotland appointed receivers for shares of the publisher's owners who failed to repay loans by the bank, restructuring group AlixPartners said on Wednesday. No operational changes are expected for the media businesses or their employees, and "neither the Telegraph Media Group (TMG) nor The Spectator are entering administration," AlixPartners added. The Barclay family owns shares of B.UK Ltd, a holding company within the Penultimate Investment Holdings Limited (PIHL) Group that indirectly owns Telegraph Media Group Limited (TMG) and The Spectator magazine. AlixPartners said the receivers may reach a resolution which could involve the Telegraph and Spectator businesses being sold. Sky News reported on Tuesday that Lloyds was set to launch a 600 million pound ($745.4 million) auction of the Telegraph newspapers and The Spectator magazine.
Persons: AlixPartners, Alastair Beveridge, Ben Browne, Barclay, Aidan Barclay, Howard Barclay, Philip Peters, Rigel Mowatt, Gokul Pisharody, Bharat Govind Gautam, Chiara Ellsei, Chris Reese, Richard Chang Organizations: Telegraph, Bank of Scotland, Lloyds Banking Group, Telegraph Media, B.UK Ltd, Investment Holdings, Group, Telegraph Media Group, Spectator, The Spectator, Sky News, Lloyds, Thomson Locations: Bengaluru
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