Saudi businessman takes major stake in the Independent

Saudi investor Sultan Muhammad Abuljadayel has come to terms with UK publisher The Independent as he takes a major share in the company.
The Middle East Eye reports that the 42-year-old has taken between a 25% and 50% stake in the Independent’s holding company, a move that will see him effectively run the publication alongside Russian billionaire Evgeny Lebedev.
A spokesman for The Independent told The Guardian: “The editorial independence of the Independent has been formally protect