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The Guardian - UK

Business

Mark Sweney

BIZARRE: Nandy intends to refer daily mail s telegraph takeover to media regulator | Mind Blowing Facts

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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