UPDATE 1-UK intervenes in Daily Mail-Telegraph deal over public interest

​Britain's culture ​minister Lisa Nandy said ‌on Thursday ​she had decided to intervene in the proposed acquisition ‌of the Telegraph Media Group by the owner of the Daily Mail, DMGT on public interest ‌and competition grounds. Nandy said in a statement that ‌she had issued a public interest intervention notice due to concerns the acquisition warranted further investigation.

​Britain's culture ​minister Lisa Nandy said ‌on Thursday ​she had decided to intervene in the proposed acquisition ‌of the Telegraph Media Group by the owner of the Daily Mail, DMGT on public interest ‌and competition grounds.

Nandy said in a statement that ‌she had issued a public interest intervention notice due to concerns the acquisition warranted further investigation. The proposed 500-million-pound $682 ⁠million) ​purchase would bring ⁠the Daily Telegraph and Sunday Telegraph newspapers under the ⁠same umbrella as the Daily Mail, Mail on ​Sunday, Metro and The i Paper.

DMGT previously said ⁠the Telegraph would remain editorially independent. Nandy's decision sends the ⁠deal ​to Britain's media regulator Ofcom and the Competition and Markets Authority to examine media plurality ⁠and competition issues. Both must report back to Nandy ⁠by ⁠June 10.

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