What’s in it for the other bidders? Nothing really. The other bidders have spent time and money preparing proposals to satisfy a formidable armada of inquisitors. The lender, the government, the regulators all required the bidders to explain the credibility of their finances, their business plans and their suitability to own political opinion-forming media assets.
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While Rolls-Royce has lost billions and continues to burn through cash, investors will take some limited reassurance from this...
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