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Evening Standard

Entertainment

Henry Saker-Clark

Telegraph takeover by UAE-backed group would have risked press freedom – Ofcom

Ofcom United Arab Emirates Competition and Markets Authority RedBird IMI

RedBird IMI had a takeover move for the Telegraph newspaper group blocked (Jonathan Brady/PA) - (PA Archive)

The failed takeover of the Telegraph by a UAE-backed consortium would have risked undermining “free expression” in the press, the media watchdog found.

The findings of reports by media regulator Ofcom and competition watchdog, the Competition and Markets Authority (CMA), were published on Friday following a two-and-a-half year wait for their release.

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