Authorities intervenes in Day by day Mail’s £500m Telegraph takeover

[ad_1] Your help helps us to inform the story From reproductive rights to local weather change to Huge Tech, The Impartial is on the bottom when the story is creating. Whether or not it is investigating the financials of Elon Musk's pro-Trump PAC or producing our newest documentary, 'The A Phrase', which shines a lightweight on the American ladies combating for reproductive rights, we all know how vital it's to parse out the information from the messaging.

At such a crucial second in US historical past, we'd like reporters on the bottom. Your donation permits us to maintain sending journalists to talk to either side of the story.

The Impartial is trusted by People throughout the complete political spectrum. And in contrast to many different high quality information retailers, we select to not lock People out of our reporting and evaluation with paywalls. We imagine high quality journalism ought to be out there to everybody, paid for by those that can afford it.

Your help makes all of the distinction. Learn extra The Tradition Secretary has launched a proper probe into the proposed £500 million takeover of The Telegraph by the proprietor of the Day by day Mail, a month after Lisa Nandy indicated she was "minded to intervene" on public curiosity grounds.

On Thursday, she confirmed a public curiosity intervention into the deal, which might increase one of many UK’s largest media teams.

Ms Nandy expressed "issues" over the deal’s potential impression on the "plurality of views" in UK information media.

She goals to evaluate if it'll have an effect on newspaper clients by lowering the variety of titles owned by totally different mother or father teams.

The Competitors and Markets Authority (CMA) will now examine the potential deal and report its findings to the Authorities.

Ms Nandy added that media regulator Ofcom will even look into the general public curiosity implications for the attainable deal.

<img src="https://static.independent.co.uk/2026/02/12/13/656c6658aabdb98fdeb256e087edcb68Y29udGVudHNlYXJjaGFwaSwxNzcwOTg2MzA2-2.83404489.jpg" srcset="https://static.independent.co.uk/2026/02/12/13/656c6658aabdb98fdeb256e087edcb68Y29udGVudHNlYXJjaGFwaSwxNzcwOTg2MzA2-2.83404489.jpg?quality=75&width=320&auto=webp 320w, https://static.independent.co.uk/2026/02/12/13/656c6658aabdb98fdeb256e087edcb68Y29udGVudHNlYXJjaGFwaSwxNzcwOTg2MzA2-2.83404489.jpg?quality=75&width=640&auto=webp 640w" loading="lazy" alt="Lisa Nandy previously informed both The Telegraph and Daily Mail and General Trust (DMGT) that she is ‘minded to intervene’ in the deal, based on public interest grounds" class="sc-1mc30lb-0 ggpMaE inline-gallery-btn"/> open picture in gallery

Lisa Nandy beforehand knowledgeable each The Telegraph and Day by day Mail and Common Belief (DMGT) that she is ‘minded to intervene’ within the deal, primarily based on public curiosity grounds In November, Day by day Mail and Common Belief (DMGT) agreed to buy the Telegraph from RedBird IMI after an tried buy by the Abu Dhabi-backed funding agency was blocked by the then-Tory authorities.

A month later DMGT confirmed that it had secured funding to permit it to push ahead with the deal.

The acquisition would see The Telegraph grow to be a part of DMGT’s steady of media organisations, which additionally contains Metro, The i Paper and New Scientist.

The investigation is the most recent twist in a roughly three-year possession tussle for The Telegraph after it was put up on the market by lenders for earlier house owners the Barclay brothers.

<img src="https://static.independent.co.uk/2026/02/12/13/de177180c9f150d26b34de9856dbd065Y29udGVudHNlYXJjaGFwaSwxNzcwOTg1NjM2-2.80291422.jpg" srcset="https://static.independent.co.uk/2026/02/12/13/de177180c9f150d26b34de9856dbd065Y29udGVudHNlYXJjaGFwaSwxNzcwOTg1NjM2-2.80291422.jpg?quality=75&width=320&auto=webp 320w, https://static.independent.co.uk/2026/02/12/13/de177180c9f150d26b34de9856dbd065Y29udGVudHNlYXJjaGFwaSwxNzcwOTg1NjM2-2.80291422.jpg?quality=75&width=640&auto=webp 640w" loading="lazy" alt="In November 2025, Daily Mail and General Trust (DMGT) agreed to purchase the Telegraph from RedBird IMI after an attempted purchase by the Abu Dhabi-backed investment firm was blocked by the then-Tory government" class="sc-1mc30lb-0 ggpMaE inline-gallery-btn"/> open picture in gallery

In November 2025, Day by day Mail and Common Belief (DMGT) agreed to buy the Telegraph from RedBird IMI after an tried buy by the Abu Dhabi-backed funding agency was blocked by the then-Tory authorities (PA Archive) An Abu Dhabi-backed consortium had struck a deal to purchase the enterprise however noticed this blocked by the Authorities over overseas possession issues.

RedBird IMI, which was partly backed by US agency RedBird Capital however majority-owned by Sheikh Mansour bin Zayed Al Nahyan, vp of the United Arab Emirates, initially agreed to purchase the media agency and fellow title The Spectator in 2023.

The Spectator has since been offered to hedge fund tycoon Sir Paul Marshall’s OQS Ventures enterprise for £100 million.

RedBird Capital then agreed a deal with out the backing of IMI to purchase The Telegraph however noticed this collapse late final 12 months earlier than a brand new deal was struck with DMGT.