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Abu Dhabi fund seizes Barclays’ property empire after giving up pursuit of The Telegraph
Yahoo Finance· 2025-12-20 14:17
The Abu Dhabi fund that spearheaded a failed takeover of The Telegraph has seized control of the Barclay family’s property empire. International Media Investments (IMI), a media company owned by the United Arab Emirates, has appointed insolvency experts at Interpath to sell off assets from Trenport Property Holdings. The Gulf petrostate’s media arm is seeking to recoup losses after previously helping the family to pay off debts to Lloyds Banking Group. This was done as part of a plan to take control of ...