Telegraph takeover by German buyer cleared by culture secretary
Lisa Nandy says there are no grounds to refer Axel Springer deal to Ofcom, ending almost three years of uncertainty for titlesBusiness live – latest updatesThe culture secretary has cleared Axel Springer’s £575m takeover of the Telegraph, paving the way…
By · April 14, 2026 · 1 min read
This article was originally published by
The Guardian World
and is republished here under license.
Lisa Nandy says there are no grounds to refer Axel Springer deal to Ofcom, ending almost three years of uncertainty for titles
The culture secretary has cleared Axel Springer’s £575m takeover of the Telegraph, paving the way for the end of almost three years of uncertainty over the ownership of the titles.
Lisa Nandy said that she does not believe there are grounds to intervene and refer the deal to the media regulator, Ofcom, for an in-depth regulatory investigation.
Leave a Reply