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The Independent UK

Business

Henry Saker-Clark

Culture Secretary Lisa Nandy ‘minded’ to investigate £500 million Telegraph sale to Daily Mail owner

Lisa Nandy Daily Mail DMGT RedBird IMI

The Culture Secretary has signalled her intention to scrutinise the proposed £500 million takeover of The Telegraph by the owner of the Daily Mail, citing significant competition concerns.

Lisa Nandy informed both The Telegraph and Daily Mail and General Trust (DMGT) on Tuesday that she is "minded to intervene" in the deal, based on public interest grounds.

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