UK government refers Barclay family’s plans for Telegraph to Ofcom
- The British government is scrutinizing the sale of the Daily Telegraph and the Spectator magazine to a company supported by the Abu Dhabi ruling family.
- RedBird IMI, backed by the Abu Dhabi royal family, has replaced the Lloyds debt of the Barclay family.
- Media minister Lucy Frazer plans to issue a Public Interest Intervention Notice to investigate the transfer of politically significant titles to a foreign power .
13 Articles
13 Articles
UK government intervenes in potential takeover of Telegraph newspaper by Abu Dhabi-backed fund
UK government intervenes in potential takeover of Telegraph newspaper by Abu Dhabi-backed fund Britain's government said on Thursday it has asked media and market competition officials to look into a potential Abu Dhabi-backed takeover of The Telegraph newspaper. Culture Secretary Lucy Frazer said she issued a “public interest intervention notice” after considering the possible impact of the offer by the investment fund RedBird IMI to the previ…
UK government intervenes in potential takeover of Telegraph newspaper by Abu Dhabi-backed fund
By SYLVIA HUI Associated Press LONDON (AP) — Britain’s government says it’s asking media and market competition officials to look into a potential Abu Dhabi-backed takeover of The Telegraph newspaper. Culture Secretary Lucy Frazer said on Thursday that she issued a “public interest intervention notice” after considering the possible impact of the offer by the investment fund RedBird IMI to the previous owners of The Telegraph and The Spectator m…
UK government intervenes in potential takeover of Telegraph newspaper by Abu Dhabi-backed fund
LONDON (AP) — Britain’s government says it’s asking media and market competition officials to look into a potential Abu Dhabi-backed takeover of The Telegraph newspaper. Culture Secretary Lucy Frazer said on Thursday that she issued a “public interest intervention notice” after considering the possible impact of the offer by the investment fund RedBird IMI to the previous owners of The Telegraph and The Spectator magazine to repay debts owed by …
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