Telegraph suitor to buy Traitors and Fleabag maker All3Media for £1.15bn

RedBird IMI, which is majority-owned by the UAE vice-president, has invested in five media firms since its launch a year ago

The Abu Dhabi-backed company which is trying to take over the Telegraph newspapers has announced a £1.15bn deal to buy the production company behind Fleabag and the Traitors.

Under the deal, RedBird IMI, which is headed by the former CNN president Jeff Zucker, will take over the London-based All3Media with the agreement of its owners