March 11 (Reuters) - Rupert Murdoch's News Corp ( NWSA )

and the owner of the Daily Mail have held talks about a

potential joint takeover of the Telegraph alongside the

UAE-backed investment fund RedBird IMI, Bloomberg News reported

on Monday, citing people familiar with the matter.

A joint bid by the three would result in a smaller stake for

Redbird IMI, according to the report.

The Abu Dhabi-backed buyout of the paper, which voices

opinions within the governing Conservative Party, has provoked

fears of foreign influence in news reporting which opponents say

could threaten Britain's democracy.

Under one scenario that has been discussed, RedBird IMI

would take a stake as low as 25% in the Telegraph in an attempt

to satisfy concerns about foreign state interference, Bloomberg

News reported.

News UK, RedBird IMI and the Telegraph declined to comment,

while the Daily Mail did not immediately respond to a Reuters

request for comment.