micTruely Your Radio

International

Culture secretary to consider investigation into Telegraph takeover by Daily Mail owner

todayDecember 16, 2025

Background
share close

Lisa Nandy will have to assess deal after formal request from the seller, Abu Dhabi-backed RedBird IMI

The culture secretary, Lisa Nandy, is to consider whether to trigger an investigation into the £500m takeover of the Telegraph titles by the owner of the Daily Mail, after she formally received a request from the up-for-sale publisher’s Abu Dhabi-backed owner.

RedBird IMI, which was forced to put the titles up for sale last spring after the government banned foreign states from owning UK newspapers, has informed Nandy that it wants to transfer its right-to-buy option to Lord Rothermere’s Daily Mail & General Trust (DMGT).

Continue reading…

Source: www.theguardian.com

Read full article

Written by: truelightfm

Rate it

Similar posts

Post comments (0)

Leave a reply

Your email address will not be published. Required fields are marked *