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The Guardian - UK
The Guardian - UK
Business
Mark Sweney

Nandy intends to refer Daily Mail’s Telegraph takeover to regulators

Daily Mail Mail Daily Lisa Nandy Ofcom RedBird IMI the Competition and Markets Authority
The mastheads of the Daily Mail and Daily Telegraph
The Competition and Markets Authority will look at whether the proposed deal creates competition issues. Photograph: Yui Mok/PA

The culture secretary, Lisa Nandy, intends to ask the UK’s media and competition watchdogs to examine the proposed £500m takeover of the Telegraph titles by the owner of the Daily Mail.

Daily Mail & General Trust (DMGT) agreed a deal in November to buy the titles, in a move that will create a right-leaning publishing powerhouse.

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