Daily Mail owner’s takeover of Telegraph to face probe


DMGT, whose titles also include the i Paper, the New Scientist and Metro, agreed to buy the Telegraph in November after years of uncertainty over the paper’s future owner.

When DMGT announced the takeover, it said the Telegraph would remain editorially independent from its other titles.

In issuing the probe into the deal, Nandy said: “The public interest considerations concerned are the need for a sufficient plurality of views in each UK market for news media; and, the need for a sufficient plurality of persons with control of media enterprises serving every different UK audience.”

She said she had asked the CMA and Ofcom to report back to the government by 10 June.

The intervention is the latest twist in the Telegraph’s sale, which was put up for sale in 2023 by lenders for previous owners, the Barclay brothers.

In November last year, DMGT agreed to buy The Telegraph from RedBird IMI, which is a joint venture between the United Arab Emirates and the US private equity firm RedBird Capital Partners.

RedBird Capital’s own bid for control of the Telegraph collapsed in November after the US firm pulled out.

In 2023, a consortium tried to buy the paper but its attempts were rebuffed by UK politicians over foreign ownership concerns because it was backed by the Abu Dhabi ruling family.


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