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Asset manager Oaktree out of running as backer but businessman has ‘high confidence’ he will get financeBusiness live – latest updatesThe British owner of the New York Sun has said his £550m offer to buy the Daily and Sunday Telegraph is still on track, despite a big potential backer not joining the bid.Dovid Efune entered exclusive talks to buy the Telegraph titles last month after submitting the highest bid in the second round of the auction for the titles. Continue reading…
Asset manager Oaktree out of running as backer but businessman has ‘high confidence’ he will get finance
The British owner of the New York Sun has said his £550m offer to buy the Daily and Sunday Telegraph is still on track, despite a big potential backer not joining the bid.
Dovid Efune entered exclusive talks to buy the Telegraph titles last month after submitting the highest bid in the second round of the auction for the titles.