British media minister Lucy Frazer said on Wednesday she was “minded to” intervene in a deal that could see Abu Dhabi-backed RedBird IMI take control of the Daily Telegraph, saying she had concerns about the newspaper’s independence.
The right-leaning title and Spectator magazine, favourites of politicians in the leading Conservative Party, are being sold after Lloyds Banking Group in June seized control following a long-running dispute with former owners the Barclay family.
Read more: reuters.com
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