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Home > Finance > UK minister 'not minded' to intervene in Telegraph sale

UK minister 'not minded' to intervene in Telegraph sale

Published by Global Banking and Finance Review

Posted on January 20, 2026

1 min read

Last updated: January 20, 2026

UK minister 'not minded' to intervene in Telegraph sale - Finance news and analysis from Global Banking & Finance Review

Tags:Brexit financial sector UK economy investment corporate governance

Quick Summary

UK minister Lisa Nandy is hesitant to intervene in the Telegraph's 500 million pound sale to DMGT, with a final decision pending responses by January 26.

UK minister 'not minded' to intervene in Telegraph sale

UK Minister's Stance on Telegraph Sale

LONDON, Jan 20 (Reuters) - British culture minister Lisa Nandy said on Tuesday she was "not minded" to intervene in the sale of the Telegraph newspaper for 500 million pounds ($672.30 million) to Daily Mail owner DMGT.

Background of the Telegraph Sale

The Telegraph has been in limbo since 2023 when RedBird IMI - a joint venture between U.S.-based RedBird Capital and Abu Dhabi's International Media Investments - tried to buy it, but it was unable to take control when Britain limited foreign ownership of newspapers.

Minister's Statement and Next Steps

"It is important to note that I have not taken a final decision on intervention at this stage," Nandy said in a statement, adding that her 'minded to' letter allowed parties to respond by January 26 before she makes a final decision.

($1 = 0.7437 pounds)

(Reporting by Sarah Young, writing by Sam Tabahriti)

Key Takeaways

•UK minister Lisa Nandy is hesitant to intervene in the Telegraph sale.
•The sale involves a 500 million pound deal with DMGT.
•RedBird IMI previously attempted to acquire the Telegraph.
•Foreign ownership limits affected the previous sale attempt.
•A final decision will be made after January 26.

Frequently Asked Questions about UK minister 'not minded' to intervene in Telegraph sale

1What is Brexit?

Brexit is the term used to describe the United Kingdom's decision to leave the European Union, which has significant implications for trade, investment, and regulatory frameworks.

2What is an investment?

An investment is an asset or item acquired with the goal of generating income or appreciation. It can include stocks, bonds, real estate, and other financial instruments.

UK Minister's Stance on Telegraph Sale

Background of the Telegraph Sale

Minister's Statement and Next Steps

($1 = 0.7437 pounds)

(Reporting by Sarah Young, writing by Sam Tabahriti)

Key Takeaways

•UK minister Lisa Nandy is hesitant to intervene in the Telegraph sale.

•The sale involves a 500 million pound deal with DMGT.

•RedBird IMI previously attempted to acquire the Telegraph.

•Foreign ownership limits affected the previous sale attempt.

•A final decision will be made after January 26.

Frequently Asked Questions

1What is Brexit?

Brexit is the term used to describe the United Kingdom's decision to leave the European Union, which has significant implications for trade, investment, and regulatory frameworks.

2What is an investment?

An investment is an asset or item acquired with the goal of generating income or appreciation. It can include stocks, bonds, real estate, and other financial instruments.