Media
UK government to consider Abu Dhabi-backed Telegraph bid
Competition and media regulators submitted reports to the UK culture secretary investigating the impact of the deal on press freedom
The UK government is considering whether to approve the Abu Dhabi-backed takeover of the Telegraph newspaper group, after competition and media regulators submitted reports to the culture secretary.
UK cabinet minister Lucy Frazer is set to reach a decision on the viability of a deal for the right-wing Telegraph newspaper and the Spectator magazine, as journalists and MPs flag concerns over press freedom.
Last year, Abu Dhabi-backed fund RedBird IMI reached a deal with previous ...